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$ARC | 1h | Rejection Short
Bias: Short
Entry Zone: 0.0748 to 0.0760
Stop Loss: 0.0772
Targets:
TP1: 0.0718
TP2: 0.0695
TP3: 0.0668
Invalidation:
Close above 0.0772
Why This Setup:
I see a sharp impulsive bounce into a local supply zone followed by rejection wicks near the highs. I’m looking for a failed retest of the breakout area and a move back toward the prior consolidation and liquidity below.
#GateSquareMayTradingShare