đ» $ALLO /USDT Short Setup: Counter-Trending the Crowd đ»
âWhile everyone else is looking at the bullish 1D trend, a hidden shift is happening on the lower timeframes. $ALLO just printed a 1H bearish engulfing candle following a failed 4H breakout, giving this short setup a 92% confidence rating.
âWith 1H ATR sitting tight at 0.0073, we have an incredibly precise invalidation level before the macro bulls even realize the momentum has flipped.
âđ Short Trade Plan:
âEntry: 0.3912 â 0.3926
âStop Loss (SL): 0.4094
âTarget 1 (TP1): 0.3787 (~3.3% drop)
âTarget 2 (TP2): 0.3699
âTarget 3 (TP3): 0.3569
âDebate: Are the daily bulls going to force a short squeeze up to 0.4094, or are we dumping straight to TP3? Let me know your bias below! đ
â#ALLO #CryptoTrading #ShortSetup #BearishEngulfing #TechnicalAnalysis
âWhile everyone else is looking at the bullish 1D trend, a hidden shift is happening on the lower timeframes. $ALLO just printed a 1H bearish engulfing candle following a failed 4H breakout, giving this short setup a 92% confidence rating.
âWith 1H ATR sitting tight at 0.0073, we have an incredibly precise invalidation level before the macro bulls even realize the momentum has flipped.
âđ Short Trade Plan:
âEntry: 0.3912 â 0.3926
âStop Loss (SL): 0.4094
âTarget 1 (TP1): 0.3787 (~3.3% drop)
âTarget 2 (TP2): 0.3699
âTarget 3 (TP3): 0.3569
âDebate: Are the daily bulls going to force a short squeeze up to 0.4094, or are we dumping straight to TP3? Let me know your bias below! đ
â#ALLO #CryptoTrading #ShortSetup #BearishEngulfing #TechnicalAnalysis