price is still sitting on the same HTF support (~100–105).
nothing new has broken yet.
this is still a reaction zone, not confirmation
sellers already did most of the damage last week
downside momentum is slowing, but structure is still bearish
If you entered, keep the 5% stop. no widening.
your trade thesis is simple: support holds and then reaction
if it doesn’t bounce, you’re wrong. exit clean.
If you didn’t enter don’t chase green candles.
Either wait for a daily bullish engulfing / strong reclaim or wait for a flush + reclaim if support wicks first
Hold: 100–105
Failure: clean acceptance below 100
Bounce targets: 116 to 130
If 100 breaks: next real zones are 95: high 70s
Big picture reminder this is a counter-trend support play.
risk small, expectations smaller.