$DEGO Rejected at OB: Targeting Sellside Liquidity Below $1.05
Entry : $1.119 | Stop Loss : $1.149 | Targets : $1.083 / $1.070 / $1.043
Technical Breakdown:
๐ Price is revisiting a defined 1H order block zone, presenting a prime rejection area.
๐ Multiple sellside liquidity pools lie beneath the current structure at $1.083, $1.070, and $1.043 โ acting as magnetic draw zones.
๐ Market structure shows weakness with lower highs forming, suggesting a possible breakdown from this level.
๐ Risk is well-defined with a tight SL just above the OB, offering a clean R:R profile.
Keep your risk managed. Monitor PA closely at the order block zone for rejection confirmation before entering.
This is not financial advice. DYOR and execute with proper risk management.
