$FOLKS reacted well after taking liquidity.
The 1h/4h context still favors sellers, and aggressive buyers are showing better follow-through.
I would rather see price reject around $2.255–$2.272 than short after the move is already stretched. The setup is invalid if price cleanly crosses $2.286.
Would you take the retest on $FOLKS, or wait for one more confirmation?
#FOLKS #Trading
Trade plan: SHORT
Entry: $2.255 - $2.272
SL: $2.286
TP1: $2.211
TP2: $2.16
TP3: $2.115
The 1h/4h context still favors sellers, and aggressive buyers are showing better follow-through.
I would rather see price reject around $2.255–$2.272 than short after the move is already stretched. The setup is invalid if price cleanly crosses $2.286.
Would you take the retest on $FOLKS, or wait for one more confirmation?
#FOLKS #Trading
Trade plan: SHORT
Entry: $2.255 - $2.272
SL: $2.286
TP1: $2.211
TP2: $2.16
TP3: $2.115