đ $XLE BREAKOUT LOADING â THE 4H MOMENTUM IS BUILDING AGAINST A KEY RESISTANCE WALL đ
Entry: 59.60 â 60.00 âĄ
TP1: 60.50 đŻ
TP2: 61.00 đ
TP3: 61.50 đ„
Stop Loss: 58.70 â ïž
đ The reversal off the 56.70â57.00 demand zone was textbook â sellers get absorbed, and the 4H structure now prints a series of higher lows. Price is compressing directly beneath the 60.00 ceiling, and that's exactly where liquidity pools sit. A clean displacement through this level should trigger a cascade of buy stops. đ
đĄ Volume is climbing into the resistance test, which tells me institutional interest is loading up rather than distributing. The setup offers a clean 1:2+ risk-to-reward with defined invalidation. đŹ Are you waiting for the candle close above 60.00, or jumping in on the retest of the zone? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #XLE #LongSetup #Breakout #Crypto
đ„ đ
Entry: 59.60 â 60.00 âĄ
TP1: 60.50 đŻ
TP2: 61.00 đ
TP3: 61.50 đ„
Stop Loss: 58.70 â ïž
đ The reversal off the 56.70â57.00 demand zone was textbook â sellers get absorbed, and the 4H structure now prints a series of higher lows. Price is compressing directly beneath the 60.00 ceiling, and that's exactly where liquidity pools sit. A clean displacement through this level should trigger a cascade of buy stops. đ
đĄ Volume is climbing into the resistance test, which tells me institutional interest is loading up rather than distributing. The setup offers a clean 1:2+ risk-to-reward with defined invalidation. đŹ Are you waiting for the candle close above 60.00, or jumping in on the retest of the zone? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #XLE #LongSetup #Breakout #Crypto
đ„ đ