$SPCX - COURT
Entry: 135.85 – 136.36
SL : 141.24
TP1 : 132.25
TP2 : 129.69
TP3 : 125.84
Why this setup?
- The 4h trend is your compass: it points *downward*. We are in a **trend regime**, meaning the path of least resistance is lower.
- **The Setup:** the entry zone is tight at **136.11** (135.85 – 136.37). The oversold bounce on the 15m acts as fuel; we’re waiting for it to run out of steam and flip.
- **Targets:** TP1 at **132.25** is the first magnet. If the momentum holds, TP2 at **129.69** is the real reward. The invalidation line is clear at **135.82** — if we close again above, the thesis is dead.
- **Risk Control:** this is a short *trend-following* (in the direction of the trend), not a counter-trend bet. It lines up with the broader range structure, but the range on 1D means we’re not betting on a crash: we’re simply aiming for a move back toward the bottom of the box.
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$SPCX