๐จ $SOXL SUPPLY REJECTION IN SIGHT AS 1H RETRACEMENT TESTS INSTITUTIONAL PREMIUM ๐
Entry: 129.45 - 129.87 โก
Target: 128.16 / 125.03 / 116.21 ๐ฏ
Stop Loss: 131.34 ๐
๐ The 1H retracement is pushing directly into a premium supply block between 129.45 and 129.87, setting up a textbook continuation short toward external liquidity pools.
๐ Lower-timeframe confirmation on the 15M chart remains incomplete, meaning discipline is mandatory before committing capital into this potential distribution phase. A validated rejection opens clean delivery paths down to 116.21 for an exceptional 8R setup.
๐ฌ Are you waiting for a confirmed 15M market structure break or front-running the supply zone? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOXL #ShortSetup #PriceAction #MarketStructure
๐ฏ ๐ฆ
Entry: 129.45 - 129.87 โก
Target: 128.16 / 125.03 / 116.21 ๐ฏ
Stop Loss: 131.34 ๐
๐ The 1H retracement is pushing directly into a premium supply block between 129.45 and 129.87, setting up a textbook continuation short toward external liquidity pools.
๐ Lower-timeframe confirmation on the 15M chart remains incomplete, meaning discipline is mandatory before committing capital into this potential distribution phase. A validated rejection opens clean delivery paths down to 116.21 for an exceptional 8R setup.
๐ฌ Are you waiting for a confirmed 15M market structure break or front-running the supply zone? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOXL #ShortSetup #PriceAction #MarketStructure
๐ฏ ๐ฆ