SOLUSDT, Fri 04 Oct, Another Chance to short!(Part 2)
What happened to Price Action until Alan:
The price did not respect the orange FVJ and according to the upward guard of the price,
and the presence of a buy side at the price of 143, short position set-up in the kill zone of New York (10-11)
did not form
This "Buyside", which we marked with the blue line in the chart, is actually an EQH.
An Equal High (EQH) is a trading concept used by price action traders (also known as SMC or ICT traders). An EQH is a bearish indication used to confirm a trend reversal or area of consolidation in the market.
Not only did the price break above this EQH, but it also touched the red FVJ.
In my opinion, according to the evidence and price movements so far, there is a high probability that a short set-up will be formed in the kill zone in the afternoon (14-15).
What do you think?
Please by boosting and leaving comments, while sharing your opinions with me and others, this idea will be more exposed to other traders.
thank you
The price did not respect the orange FVJ and according to the upward guard of the price,
and the presence of a buy side at the price of 143, short position set-up in the kill zone of New York (10-11)
did not form
This "Buyside", which we marked with the blue line in the chart, is actually an EQH.
An Equal High (EQH) is a trading concept used by price action traders (also known as SMC or ICT traders). An EQH is a bearish indication used to confirm a trend reversal or area of consolidation in the market.
Not only did the price break above this EQH, but it also touched the red FVJ.
In my opinion, according to the evidence and price movements so far, there is a high probability that a short set-up will be formed in the kill zone in the afternoon (14-15).
What do you think?
Please by boosting and leaving comments, while sharing your opinions with me and others, this idea will be more exposed to other traders.
thank you
Nota
Due to, I dont find the right Setup for short, I stop to trade and look at the chart.
I leave it and will check the price action of Solana tomorrow!
Maybe I was wrong and its not only simple reversal but also Its real bulish and price is going to rise up! So i control myself, and dont trade!
Have a nice weekend!
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