I have been studying the $ID chart all day, and it is finally looking setup for a move. After the massive volatility, the chart is starting to stabilize. We have a clear bullish crossover on the shorter timeframes, and the price is respecting the EMA support levels nicely. I see the RSI cooling down from the previous heat, which is exactly what we need for a steady climb back to the recent swing highs.

I am looking to enter here.

Entry: 0.0345 to 0.0355

Take Profit 1: 0.0385

Take Profit 2: 0.0410

Stop Loss: 0.0305

Click the chart below to trade.

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Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.