$SOXL SHORT SETUP | 1H
The current directional structure supports a possible short setup.
Entry zone: 90.56–90.72
Stop loss: 93.07
Targets: TP1 86.73 (1.61R) / TP2 85.88 (1.96R) / TP3 85.04 (2.3R)
Scale out: 50% / 30% / 20%
Considerations: 15M entry confirmation is incomplete; price is away from the planned entry and may require a retest.
Status: Watchlist only — wait for confirmation before considering the setup.
The current directional structure supports a possible short setup.
Entry zone: 90.56–90.72
Stop loss: 93.07
Targets: TP1 86.73 (1.61R) / TP2 85.88 (1.96R) / TP3 85.04 (2.3R)
Scale out: 50% / 30% / 20%
Considerations: 15M entry confirmation is incomplete; price is away from the planned entry and may require a retest.
Status: Watchlist only — wait for confirmation before considering the setup.