LABUSDT.P: short setup from daily support at 5.759
Idea: the sharp drop stopped at the exact same price level as the sharp drop on 02.06.26 — coincidence? So, we have a strong level that was confirmed by a fakeout.
After such a price decline throughout the whole day, a fakeout of the level should have triggered at least some correction. Instead, we see that the asset has entered consolidation right above the level. Usually, this kind of asset behavior is followed by an even deeper price drop. Expecting a short.
After such a price decline throughout the whole day, a fakeout of the level should have triggered at least some correction. Instead, we see that the asset has entered consolidation right above the level. Usually, this kind of asset behavior is followed by an even deeper price drop. Expecting a short.
Not
The price went up strongly, but the scenario remains relevant in the near future. Stay tuned for updates.Emir iptal
Okay, the asset has moved too far away from the level, clearly not ready to drop right now. I am canceling the setup.If we approach the level again and the daily volumes are good, I will publish a new setup.
Not
Not
Not
Took 5 to 1 here.
Focusing on the balance between buyers and sellers at key S/R levels.
Trading Journal: t.me/The_Traders_House
Trading Journal: t.me/The_Traders_House
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Focusing on the balance between buyers and sellers at key S/R levels.
Trading Journal: t.me/The_Traders_House
Trading Journal: t.me/The_Traders_House
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.