$STRAX $STRAX 2h Overview
- I expect the price to attempt a move down to fill the FVG and possibly test the 0.00947–0.00929 demand zone.
- If price reacts strongly at this support zone with bullish reversal signals, I expect a bounce first toward 0.00995, then towards 0.01009. If 0.01009 breaks with strength, 0.01095 becomes the next likely target.
- If price fails to hold 0.00929, I would reconsider the long bias and look for signs of further downside, but as long as price holds above this zone, the bullish trend is valid.
- Example long setup: Enter after a bullish engulfing or pin bar on the 15m/30m from 0.00947–0.00929, target 0.00995 and 0.01009, with stop-loss below the swing low in that demand zone.
- For shorts, only consider if price sweeps above 0.01009 with a clear rejection and bearish engulfing or lower high forms, aiming back down to 0.00947.
- Wait for clear confirmations—never jump in blindly! Always look for manipulation sweeps, wicks, and reversal formations before entering.
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