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$BANK | 1h | Reversal Short
Bias: Short
Entry Zone: 0.0580 to 0.0635
Stop Loss: 0.0835
Targets:
TP1: 0.0500
TP2: 0.0440
TP3: 0.0355
Invalidation:
Close above 0.0665
Why This Setup:
I’m fading the extended spike into resistance after a sharp run-up and rejection. Price is losing momentum after a blow-off move, and I want a retrace back toward the prior breakout base if sellers keep control.