STRATEGY UPDATE: $SOL /FDUSD
Structural View:
In my view, Wave 5 is now fully completed. We should expect a reversal very soon, though the exact timing is still unfolding.
We are currently seeing the completion of the final leg, setting up the structure for the next upward move.
Execution Plan (No Shorts):
Do not take any short positions at this current level.
End-wave reversals are typically very fast and aggressive, which poses an extreme risk for late shorts.
Action:
Stay patient, monitor the price action for reversal confirmation, and focus on your spot accumulation strategy.
Structural View:
In my view, Wave 5 is now fully completed. We should expect a reversal very soon, though the exact timing is still unfolding.
We are currently seeing the completion of the final leg, setting up the structure for the next upward move.
Execution Plan (No Shorts):
Do not take any short positions at this current level.
End-wave reversals are typically very fast and aggressive, which poses an extreme risk for late shorts.
Action:
Stay patient, monitor the price action for reversal confirmation, and focus on your spot accumulation strategy.
