GPS is under pressure, the price just shattered a higher low and is eyeing the 1.7% target zone. The next move could shove it 3% lower if the sell pressure holds.
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$GPS SHORT 📉 — Trade Plan
• Entry: $0.010484 – $0.010504
• Stop: $0.010809 (-3.0%)
• Target 1: $0.010337 (+1.5%)
• Target 2: $0.009969 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A clear CHoCH on the 1‑hour chart paired with a bearish CVD spike confirms the shift. The price is sitting inside a fresh FVG that aligns with a strong OB, and a liquidity sweep knocked out the last bullish order. POI confluence – the OB overlaps the FVG – makes the short look tight.
A 3.0% stop is relatively tight for this swing, so a max of 3‑5x leverage keeps risk in check.
Take half profit once price hits the first target around 1.7% down.
DYOR — this isn't financial advice, size your risk accordingly 🙏
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