GPS is hovering just below the last swing low, ready to test the downside. Short bias is reinforced by the break in market structure.
🔴 $GPS SHORT 📉
Entry $0.011398-$0.011420 | SL $0.011751 (-3.0%) | TP1 $0.011238 (+1.5%) | TP2 $0.010839 (+5.0%) | R/R 1:1.7 | Conf 65%
CHoCH confirmed the break, CVD showed volume backing the move, and a clear FVG aligns with the OB. The POI confluence of the OB and FVG creates a solid entry zone for the short. With the price sitting at the upper edge of the gap, the odds tilt toward a 1.7‑to‑1 reward.
A 3.0% stop is tight, so limit leverage to 5x or less.
Scale out half the position at TP1 around a 1.7% profit.
Not financial advice — always manage your own risk 🙏
$GPS #GPSUSDT #SMC #TradingSignals #Write2Earn
🔴 $GPS SHORT 📉
Entry $0.011398-$0.011420 | SL $0.011751 (-3.0%) | TP1 $0.011238 (+1.5%) | TP2 $0.010839 (+5.0%) | R/R 1:1.7 | Conf 65%
CHoCH confirmed the break, CVD showed volume backing the move, and a clear FVG aligns with the OB. The POI confluence of the OB and FVG creates a solid entry zone for the short. With the price sitting at the upper edge of the gap, the odds tilt toward a 1.7‑to‑1 reward.
A 3.0% stop is tight, so limit leverage to 5x or less.
Scale out half the position at TP1 around a 1.7% profit.
Not financial advice — always manage your own risk 🙏
$GPS #GPSUSDT #SMC #TradingSignals #Write2Earn