$DEXE finally pressed into the supply pocket I’ve been tracking—now the market has to pick a side. The short is already on the board, but the zone still needs to prove itself before I call it clean.
Trade Plan:
- Entry: 2.20600 – 2.21600
- TP1: 2.17500 (R:R 1:0.8)
- TP2: 2.15200 (R:R 1:1.3)
- TP3: 2.11600 (R:R 1:2.0)
- SL: 2.25800
Why this setup?
- The setup isn’t random: 4h structure is tilted for downside while 1D stays trapped in a 2.20600–2.21600 range, giving the short a defined battlefield.
- 15m RSI reads 55, so there’s still fuel for sellers to extend the move—if the supply holds, pressure builds naturally.
- Volume backs the entry: 4.00x pace with 204.66K traded against 51.17K expected, so the rejection isn’t just a hope—it’s a measurable edge.
