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$PENDLE 1h - Rejection Short
Bias: Short
Entry (Zone): 1.985 - 2.005
Targets:
TP1: 1.920
TP2: 1.860
TP3: 1.780
Stop Loss: 2.095
Why this Setup:
I’m looking for continuation lower after the sharp push into resistance failed to hold. I want to sell into any retest of the 1.99-2.00 area and use the recent swing high as invalidation, while aiming for the next support levels below.
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