$GWEI Guys...I’m Watching the Short 👀
Honestly, after seeing GWEI run almost 50% in a day, I wouldn’t feel comfortable chasing longs here.
Price pushed into 0.02906, grabbed the highs, and since then we’ve started seeing weakness on the 15M. The candles are getting rejected from the top and structure is beginning to turn lower.
For me, the interesting area is 0.0278–0.0281. If price comes back there and gives me a clean rejection/SMC bearish CHOCH, that’s where I’d consider the short.
Short: 0.0278 – 0.0281
SL: 0.02855
TP1: 0.0270
TP2: 0.0264
TP3: 0.0256
I’m not entering blindly at 0.0272. After a move this aggressive, I’d rather let price come back into my zone and prove the sellers are actually there.
If 0.02855 gets reclaimed, I’m out of the idea. Simple.
Sometimes the best trade is the one you wait for.
No FOMO. Let the setup come to you. 🎯
$SKYAI
$BLESS
Honestly, after seeing GWEI run almost 50% in a day, I wouldn’t feel comfortable chasing longs here.
Price pushed into 0.02906, grabbed the highs, and since then we’ve started seeing weakness on the 15M. The candles are getting rejected from the top and structure is beginning to turn lower.
For me, the interesting area is 0.0278–0.0281. If price comes back there and gives me a clean rejection/SMC bearish CHOCH, that’s where I’d consider the short.
Short: 0.0278 – 0.0281
SL: 0.02855
TP1: 0.0270
TP2: 0.0264
TP3: 0.0256
I’m not entering blindly at 0.0272. After a move this aggressive, I’d rather let price come back into my zone and prove the sellers are actually there.
If 0.02855 gets reclaimed, I’m out of the idea. Simple.
Sometimes the best trade is the one you wait for.
No FOMO. Let the setup come to you. 🎯
$SKYAI
$BLESS