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$M 1h - Range Top Rejection
Bias: Short
Entry (Zone): 3.35 - 3.48
Targets:
TP1: 3.10
TP2: 2.90
TP3: 2.72
Stop Loss: 3.72
Why this Setup:
I see a strong pump into the 3.7 area followed by rejection and fading momentum near the range highs. I want to short failed retests of the upper range and look for a move back into the prior consolidation and then toward the lower support area.
#GateSquareMayTradingShare