$PONS Trade Setup (Short)
Entry Zone: 0.712 – 0.722
TP-1: 0.703
TP-2: 0.690
TP-3: 0.676
Stop Loss: 0.732
$PONS Bounces Into a Lower-High Zone
After the sharp run to 0.7781, the 15M chart has been printing lower highs and lower lows. The latest bounce from around 0.69 has brought price back toward 0.714, where sellers could test the recovery.
A rejection below 0.722 followed by a break under 0.703 would favor the downside targets. Reclaiming 0.732 would invalidate the setup.
NFA. Manage risk.
Trade Here On $PONS 👇
Entry Zone: 0.712 – 0.722
TP-1: 0.703
TP-2: 0.690
TP-3: 0.676
Stop Loss: 0.732
$PONS Bounces Into a Lower-High Zone
After the sharp run to 0.7781, the 15M chart has been printing lower highs and lower lows. The latest bounce from around 0.69 has brought price back toward 0.714, where sellers could test the recovery.
A rejection below 0.722 followed by a break under 0.703 would favor the downside targets. Reclaiming 0.732 would invalidate the setup.
NFA. Manage risk.
Trade Here On $PONS 👇
