STRATEGY UPDATE: $SOL FDUSD (H4 Timeframe)
Structural View:
We are currently monitoring the late phase of the Purple Wave 2 correction. Our main focus is getting prepared and keeping our radar fully active for a potential massive impulsive push toward Purple Wave 3.
Key Trigger & Validation:
No need to guess the exact bottom. The valid confirmation that Wave 2 is complete and Wave 3 has officially begun is when the H4 candle closes above the 85.43 level.
Once this confirmation level breaks, the trend continuation structure to the upside will open up widely.
Execution Plan (No Shorts):
Stay disciplined: no short positions in this lower transition area as it is extremely dangerous and vulnerable to sudden bounces.
Prepare your spot ammunition, monitor price action around the key resistance line, and let's ride the acceleration of Wave 3 together!
Structural View:
We are currently monitoring the late phase of the Purple Wave 2 correction. Our main focus is getting prepared and keeping our radar fully active for a potential massive impulsive push toward Purple Wave 3.
Key Trigger & Validation:
No need to guess the exact bottom. The valid confirmation that Wave 2 is complete and Wave 3 has officially begun is when the H4 candle closes above the 85.43 level.
Once this confirmation level breaks, the trend continuation structure to the upside will open up widely.
Execution Plan (No Shorts):
Stay disciplined: no short positions in this lower transition area as it is extremely dangerous and vulnerable to sudden bounces.
Prepare your spot ammunition, monitor price action around the key resistance line, and let's ride the acceleration of Wave 3 together!
