$SUI Short entry 10x | Sellers are in control, and the invalidation condition is straightforward.
The SUI has reached the supply zone I was targeting. This position is active, with a clear invalidation condition to follow.
Trading plan:
- Entry: 0.86868 – 0.87283
- TP1: 0.85135 (R:R 1:0.8)
- TP2: 0.83842 (R/R 1:1.2)
- TP3: 0.81902 (R/R 1:2.0)
- SL: 0.89662
Why this setup?
- The sell setup is well-founded: the 4H structure aligns, while the daily chart (1D) remains confined within a range between 0.86868 and 0.87283.
- The RSI on 15 min is at 62, which allows sellers to push the price lower as long as this zone holds.
- Volume analysis confirms this move
Entry: 0.86868 – 0.87283
TP1: 0.85135 (R:R 1:0.8)
TP2: 0.83842 (R/R 1:1.2)
TP3: 0.81902 (R/R 1:2.0)
SL: 0.89662
between 0.86868 and 0.87283.
TP1, would you tighten your stop or let the position run its course?
The SUI has reached the supply zone I was targeting. This position is active, with a clear invalidation condition to follow.
Trading plan:
- Entry: 0.86868 – 0.87283
- TP1: 0.85135 (R:R 1:0.8)
- TP2: 0.83842 (R/R 1:1.2)
- TP3: 0.81902 (R/R 1:2.0)
- SL: 0.89662
Why this setup?
- The sell setup is well-founded: the 4H structure aligns, while the daily chart (1D) remains confined within a range between 0.86868 and 0.87283.
- The RSI on 15 min is at 62, which allows sellers to push the price lower as long as this zone holds.
- Volume analysis confirms this move
Entry: 0.86868 – 0.87283
TP1: 0.85135 (R:R 1:0.8)
TP2: 0.83842 (R/R 1:1.2)
TP3: 0.81902 (R/R 1:2.0)
SL: 0.89662
between 0.86868 and 0.87283.
TP1, would you tighten your stop or let the position run its course?
