SOLUSD overall idea is bearish currently distributing on the 4H chart meaning we expect lower prices to form in the coming week. In the next few days we are expecting a push down solely to form the Spring
Not Financial Advice.
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Phi Traders . Founder - Sayry Llumigusin Parra
Tags(ignore): Wyckoff, Fibonacci , Volume , SMC , Smart Money Concepts, ICT , Inner Circler Trader , Supply and Demand
- Currently distributing on the lower timeframe meaning we are looking for a short setup on the lower timeframes (i.e 2H,15M,3M)
- Looking for UT to form at 127 or higher taking out the BC and the liquidity resting above it, the important thing is this will act as the catalyst to the change and pivot to the downside acting as the highest SOL will be until the next bull market i would speculate.
- If the point breaks 63.685 and closes below we are changing to bearish structure so be careful from investments and also look for shorts :)
Not Financial Advice.
Follow for more ideas :)
Phi Traders . Founder - Sayry Llumigusin Parra
Tags(ignore): Wyckoff, Fibonacci , Volume , SMC , Smart Money Concepts, ICT , Inner Circler Trader , Supply and Demand