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$ACE | 1H | Breakdown Rejection
Bias: Short
Entry Zone: 0.1200 to 0.1260
Stop Loss: 0.1315
Targets:
TP1: 0.1180
TP2: 0.1120
TP3: 0.1050
Invalidation:
Close above 0.1315
Why This Setup:
I’m watching the failed push above 0.14 and the sharp rejection into the 0.12 area after the spike. If price can’t reclaim the local supply zone, I expect a retrace back toward the prior breakout levels where liquidity sits.