⚡ $POL breaks the structure: where to take the short?
📉 On the higher timeframe (4H) for POL, the global downtrend dominates with regular updates of the lows. On the lower interval (15m), after an impulsive drop down and a change in character of the structure (CHoCH), a local pullback formed into the supply zone.
The impulsive decline left an unfilled imbalance (FVG) and liquidity pools above, marking clear premium zones for looking for entry points into shorts.
📊 Trading plan for POL/USDT:
Entry Zone: 0,0935 – 0,0950 USDT (short entry on a price correction to the Premium POI zone and a retest of resistance).
Take Profit: 0,0900 USDT (take profit when the local low is updated and liquidity is taken).
Stop Loss: 0,0960 USDT (a close above will break the impulse structure).
🧠 Summary: Don’t try to catch falling knives. Wait for a pullback into the larger player’s area of interest and take the systematic move with the trend.
💬 Do you trade with the higher timeframe trend or try to catch reversals against the structure? Share in the comments! 👇
#pol #smartmoney #cryptotrading #BinanceSquare #TechnicalAnalysis
📉 On the higher timeframe (4H) for POL, the global downtrend dominates with regular updates of the lows. On the lower interval (15m), after an impulsive drop down and a change in character of the structure (CHoCH), a local pullback formed into the supply zone.
The impulsive decline left an unfilled imbalance (FVG) and liquidity pools above, marking clear premium zones for looking for entry points into shorts.
📊 Trading plan for POL/USDT:
Entry Zone: 0,0935 – 0,0950 USDT (short entry on a price correction to the Premium POI zone and a retest of resistance).
Take Profit: 0,0900 USDT (take profit when the local low is updated and liquidity is taken).
Stop Loss: 0,0960 USDT (a close above will break the impulse structure).
🧠 Summary: Don’t try to catch falling knives. Wait for a pullback into the larger player’s area of interest and take the systematic move with the trend.
💬 Do you trade with the higher timeframe trend or try to catch reversals against the structure? Share in the comments! 👇
#pol #smartmoney #cryptotrading #BinanceSquare #TechnicalAnalysis
