$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 *down*. We’re in a **trend regime**, meaning the path of least resistance is downward.
- **The Setup:** the entry zone is tight at **136.11** (135.85 – 136.37). The oversold bounce on the 15m is the fuel; we’re waiting for it to run out of steam and flip.
- **The Targets:** TP1 at **132.25** is the first magnet. If momentum holds, TP2 at **129.69** is the real payoff. The invalidation line is clearly at **135.82** — if we close again above it, the thesis is dead.
- **Risk Control:** this is a trend-following short (in the direction of the trend), not a counter-trend bet. It fits 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.
Click here to trade 👇🏼
$SPCX
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 *down*. We’re in a **trend regime**, meaning the path of least resistance is downward.
- **The Setup:** the entry zone is tight at **136.11** (135.85 – 136.37). The oversold bounce on the 15m is the fuel; we’re waiting for it to run out of steam and flip.
- **The Targets:** TP1 at **132.25** is the first magnet. If momentum holds, TP2 at **129.69** is the real payoff. The invalidation line is clearly at **135.82** — if we close again above it, the thesis is dead.
- **Risk Control:** this is a trend-following short (in the direction of the trend), not a counter-trend bet. It fits 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.
Click here to trade 👇🏼
$SPCX