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$GUA (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 0.74 - 0.77
Targets:
TP1: 0.67
TP2: 0.61
TP3: 0.54
Stop Loss: 0.81
Why this Setup:
I’m leaning short while price stalls under the recent recovery high and keeps failing to reclaim the upper range. I want confirmation of rejection in this zone because the move up has been corrective, and a break back below the local support area should open a clean path toward the lower lows.