$FOLKS just swept a key level and reclaimed it.
The structure is clean enough to watch, but I would still let price confirm the level.
I would rather see price reject around $2.484–$2.503 than short after the move is already stretched. The setup is invalid if price cleanly crosses $2.54.
Is this level enough for you, or do you want another confirmation first?
#FOLKS #Trading
Trade plan: SHORT
Entry: $2.484 - $2.503
SL: $2.54
TP1: $2.462
TP2: $2.453
TP3: $2.443
The structure is clean enough to watch, but I would still let price confirm the level.
I would rather see price reject around $2.484–$2.503 than short after the move is already stretched. The setup is invalid if price cleanly crosses $2.54.
Is this level enough for you, or do you want another confirmation first?
#FOLKS #Trading
Trade plan: SHORT
Entry: $2.484 - $2.503
SL: $2.54
TP1: $2.462
TP2: $2.453
TP3: $2.443
