Hello traders,
Here is a detailed analysis for a potential long setup on SOL/USDT (4H Chart). This trade idea is based on a strong confluence between my LSOB price action indicator and the MC Orderflow momentum oscillator.
1. Trend & Context (The "Why")
The overall structure on the 4H chart has recently shifted bearish, confirmed by a Bearish Change of Character (ChoCh). However, the price has now pulled back into a major area of interest where a bullish reversal is highly probable.
Here are the key confluence factors for a long entry:
Major Support Level: Price is currently reacting to the EMA 400, a significant long-term moving average that often acts as strong dynamic support.
Liquidity Sweep: We have a clear Liquidity Sweep (LQDT) below the recent lows, which is a classic institutional tactic to grab stop losses before a potential move in the opposite direction.
Momentum Exhaustion (MC Orderflow): This is the most crucial confirmation.
The MC Orderflow oscillator is deep in the OVERSOLD territory (below 20), signaling that downside momentum is exhausted.
The MTF Cycle Table provides powerful confirmation: both the 4H and Daily timeframes are showing an "Oversold" status. When higher timeframes align like this, the probability of a reversal increases significantly.
2. Entry, Stop Loss, and Targets (The "How")
While the signals are strong, a disciplined entry strategy is key.
Entry: Look for an entry around $168 - $170. A safer confirmation would be waiting for the MC Orderflow oscillator to cross back above its yellow moving average.
Stop Loss (SL): $165.50. This places the stop just below the wick of the recent liquidity sweep, invalidating the trade idea if that low is broken.
Take Profit (TP) Targets:
TP1: $178.00 (Confluence of the Bearish ChoCh level and the 50/100 EMAs).
TP2: $192.00 (Targeting the next significant swing high/resistance area).
TP3: $202.00 (Long-term target at the major LSOB supply zone).
Conclusion
This setup presents a favorable risk-to-reward opportunity. The combination of a price action liquidity sweep into major MA support, confirmed by extreme multi-timeframe oversold readings on the MC Orderflow oscillator, creates a high-probability environment for a bullish reversal.
Disclaimer: This is not financial advice. This analysis is for educational purposes only. Always conduct your own research and manage your risk appropriately.
Here is a detailed analysis for a potential long setup on SOL/USDT (4H Chart). This trade idea is based on a strong confluence between my LSOB price action indicator and the MC Orderflow momentum oscillator.
1. Trend & Context (The "Why")
The overall structure on the 4H chart has recently shifted bearish, confirmed by a Bearish Change of Character (ChoCh). However, the price has now pulled back into a major area of interest where a bullish reversal is highly probable.
Here are the key confluence factors for a long entry:
Major Support Level: Price is currently reacting to the EMA 400, a significant long-term moving average that often acts as strong dynamic support.
Liquidity Sweep: We have a clear Liquidity Sweep (LQDT) below the recent lows, which is a classic institutional tactic to grab stop losses before a potential move in the opposite direction.
Momentum Exhaustion (MC Orderflow): This is the most crucial confirmation.
The MC Orderflow oscillator is deep in the OVERSOLD territory (below 20), signaling that downside momentum is exhausted.
The MTF Cycle Table provides powerful confirmation: both the 4H and Daily timeframes are showing an "Oversold" status. When higher timeframes align like this, the probability of a reversal increases significantly.
2. Entry, Stop Loss, and Targets (The "How")
While the signals are strong, a disciplined entry strategy is key.
Entry: Look for an entry around $168 - $170. A safer confirmation would be waiting for the MC Orderflow oscillator to cross back above its yellow moving average.
Stop Loss (SL): $165.50. This places the stop just below the wick of the recent liquidity sweep, invalidating the trade idea if that low is broken.
Take Profit (TP) Targets:
TP1: $178.00 (Confluence of the Bearish ChoCh level and the 50/100 EMAs).
TP2: $192.00 (Targeting the next significant swing high/resistance area).
TP3: $202.00 (Long-term target at the major LSOB supply zone).
Conclusion
This setup presents a favorable risk-to-reward opportunity. The combination of a price action liquidity sweep into major MA support, confirmed by extreme multi-timeframe oversold readings on the MC Orderflow oscillator, creates a high-probability environment for a bullish reversal.
Disclaimer: This is not financial advice. This analysis is for educational purposes only. Always conduct your own research and manage your risk appropriately.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.