LAB is setting up for a short with 88% confidence, offering a 1:1.7 risk to reward ratio. Current market structure indicates a potential reversal.

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🔴 LAB SHORT 📉

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📍 Entry Range: $10.5644 – $10.5856

🛑 Stop Loss: $10.8922 (-3.0%)

🎯 TP1: $10.4164 (+1.5%)

🏆 TP2: $10.0462 (+5.0%)

⚡ R/R Ratio: 1:1.7

📊 Confidence: 88%

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The CHoCH signal confirms a market structure break, while CVD shows volume is confirming direction, and FVG highlights a fair value gap. Additionally, an order block and POI confluence, where OB and FVG overlap, further support this short setup. The combination of these signals suggests a high probability trade.

A 3.0% stop loss seems relatively tight, suggesting the use of lower leverage to minimize potential losses.

Taking partial profit at the first target point could help lock in some gains, given the 1:1.7 risk to reward ratio, allowing for further exposure to potential additional upside.

Not financial advice — always manage your own risk 🙏

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