🔴 $XPL Short setup
Entry: 0.09933
Stop loss: 0.103775
TP: 0.09044
XPL doesn't fall in a straight line, but this 17% slide over 3 days was clean enough to map. Once the old low gave way, everything hinged on 0.10307. The pullback into it was just 37% of the move. Stops at 0.10307 got run, then price reclaimed it on the close straight away. That's the signal. Stop goes over at 0.103775. Target is the fresh low at 0.09044, double the distance I'm risking.
Entry: 0.09933
Stop loss: 0.103775
TP: 0.09044
XPL doesn't fall in a straight line, but this 17% slide over 3 days was clean enough to map. Once the old low gave way, everything hinged on 0.10307. The pullback into it was just 37% of the move. Stops at 0.10307 got run, then price reclaimed it on the close straight away. That's the signal. Stop goes over at 0.103775. Target is the fresh low at 0.09044, double the distance I'm risking.
