SOL: Short 19/06/25Trade Direction:
- SOL Short
Risk Management:
- 1% Risk
Reason for Entry:
- H1 Supply
- Multi timeframe overbought
- 0.886 Retrace - M15 Leg
- HTF Bearish
- Consistent Lower highs, Lower Lows being respected
- HTF DOL lower ~ $140
Additional Notes:
- While technically sound, runs the risk of being stopped quickly based on any news event, market is heavily news driven right now and that means this could be invalidated quickly.
- Re-entry
- Until price gives me a reason to I have to assume the highest probability direction is down.
- For a change in bias, my system requires;
a) HTF DOL being swept (Like $140)
b) H1 MSB for bulls.
- Accepted that this is a fairly risky trade and one IMO will get stopped. But everything aligns with my system so entry must be taken. My only active trade with risk with an additional FET long running Risk free.
