$PONS
- Key level reaction in progress
I am monitoring a short continuation setup as smart money short positions are holding strong profit margins following a break of structure (BOS). Price is currently testing a premium supply zone, presenting an optimal entry to target downside sell-side liquidity.
🔴 SHORT
Entry Zone: 0.7200 - 0.7500
Target 1: 0.6800
Target 2: 0.6400
Target 3: 0.5900
Invalidation: 0.7800
Are you watching this supply zone too?
- Key level reaction in progress
I am monitoring a short continuation setup as smart money short positions are holding strong profit margins following a break of structure (BOS). Price is currently testing a premium supply zone, presenting an optimal entry to target downside sell-side liquidity.
🔴 SHORT
Entry Zone: 0.7200 - 0.7500
Target 1: 0.6800
Target 2: 0.6400
Target 3: 0.5900
Invalidation: 0.7800
Are you watching this supply zone too?
