🔥 ID Breaking Out Of Bear Trend: Huge Potential!

ID has been trading bearish for 2.5 months, losing over 75% of its total value in the process.

However, it seems that there might be an end to the selling. ID is currently underway of breaking out through the dotted diagonal resistance line. Wait for the 8H candle to close above the line to confirm the break out and scout an entry.

Target placed at 1.00, stop below the recent swing low. This trade gives us an amazing 11.6 risk-reward. For a less risky trade you could take (partial) profits around 0.50 or 0.75