After touching the 156 region, SOL has been in an uptrend trading back into the mid 170's
Here's my setup for the trade:
Reason : Order block slightly above previous resistance level.
Expecting a break through resistance, clearing stops before retracing to the mid 170's.
Entry : 184.5 - 186.7 ($2 spread depending on your broker/exchange)
Stop Loss : 187.5 (Anything above that invalidates the analysis)
Take Profit : 175 (Closest Liquidity Pool)
N.B;
This analysis is just my overview based on the current market outlook and is NOT FINANCIAL ADVICE!!!
Here's my setup for the trade:
Reason : Order block slightly above previous resistance level.
Expecting a break through resistance, clearing stops before retracing to the mid 170's.
Entry : 184.5 - 186.7 ($2 spread depending on your broker/exchange)
Stop Loss : 187.5 (Anything above that invalidates the analysis)
Take Profit : 175 (Closest Liquidity Pool)
N.B;
This analysis is just my overview based on the current market outlook and is NOT FINANCIAL ADVICE!!!
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.