$ID is approaching a key supply zone where sellers could step back in and regain control.
Trading Plan — Short $ID
Entry: 0.031 – 0.033
SL: 0.035
TP1: 0.030
TP2: 0.028
TP3: 0.026
The recent bounce has pushed price back into a major resistance area that previously rejected bullish momentum. For now, the recovery still looks corrective within the broader market structure.
If buyers fail to reclaim and hold above this supply zone, a strong rejection could trigger the next leg down toward the liquidity resting below the recent swing lows.
Manage your risk carefully, follow your trading plan, and never chase entries.
DYOR (Do Your Own Research).
Trading Plan — Short $ID
Entry: 0.031 – 0.033
SL: 0.035
TP1: 0.030
TP2: 0.028
TP3: 0.026
The recent bounce has pushed price back into a major resistance area that previously rejected bullish momentum. For now, the recovery still looks corrective within the broader market structure.
If buyers fail to reclaim and hold above this supply zone, a strong rejection could trigger the next leg down toward the liquidity resting below the recent swing lows.
Manage your risk carefully, follow your trading plan, and never chase entries.
DYOR (Do Your Own Research).