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$CLO | 1h | Breakdown Rejection Short
Bias: Short
Entry Zone: 0.0664 to 0.0672
Stop Loss: 0.0692
Targets:
TP1: 0.0648
TP2: 0.0632
TP3: 0.0610
Invalidation:
Close above 0.0692
Why This Setup:
I see a clear downtrend with a weak bounce into prior resistance around 0.067, where price is losing momentum again. I want to short a rejection or breakdown from this area, targeting the lower liquidity near 0.063 and 0.061.
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