Our SUI long from 0.839 stopped out.
The price wicked down to 0.772, hitting our 0.778 invalidation before reversing hard and clearing the 0.941 target. A clean stop hunt, but the trade is a loss.
The setup as we saw it is now invalid.
Is this a reset for a new entry, or just noise before the next leg down?
$SUI #TechnicalAnalysis #SUI
The price wicked down to 0.772, hitting our 0.778 invalidation before reversing hard and clearing the 0.941 target. A clean stop hunt, but the trade is a loss.
The setup as we saw it is now invalid.
Is this a reset for a new entry, or just noise before the next leg down?
$SUI #TechnicalAnalysis #SUI