$PONS SHORT SETUP | 1H
The current retracement offers a potential short continuation setup.
Entry zone: 0.2584–0.2596
Stop loss: 0.2641
Targets: TP1 0.2442 (2.9R) / TP2 0.2437 (3R) / TP3 0.2426 (3.22R)
Scale out: 20% / 30% / 50%
Considerations: 15M entry confirmation is incomplete.
Status: Watchlist only — wait for confirmation before considering the setup.
The current retracement offers a potential short continuation setup.
Entry zone: 0.2584–0.2596
Stop loss: 0.2641
Targets: TP1 0.2442 (2.9R) / TP2 0.2437 (3R) / TP3 0.2426 (3.22R)
Scale out: 20% / 30% / 50%
Considerations: 15M entry confirmation is incomplete.
Status: Watchlist only — wait for confirmation before considering the setup.