#SOL This is a classic intraday breakdown setup. Here is a quick assessment of your short plan:
The Setup: Excellent focus on order flow. The lower highs into a flat support shelf ($104.30) signal building bearish pressure.
The Strategy: Entering on a retest of $104.30–$104.50 keeps risk tight.
Risk Management: A stop loss at $104.90 is solid. It represents a strict structural invalidation above the resistance zone.
The Verdict: Waiting for a retest is safer, but front-running with a partial position at the shelf breakdown prevents missing a fast flush. Always lock in partial profits at Target 1 ($104.00) to ensure a risk-free trade.
The Setup: Excellent focus on order flow. The lower highs into a flat support shelf ($104.30) signal building bearish pressure.
The Strategy: Entering on a retest of $104.30–$104.50 keeps risk tight.
Risk Management: A stop loss at $104.90 is solid. It represents a strict structural invalidation above the resistance zone.
The Verdict: Waiting for a retest is safer, but front-running with a partial position at the shelf breakdown prevents missing a fast flush. Always lock in partial profits at Target 1 ($104.00) to ensure a risk-free trade.