Description:
SLS is showing a clear accumulation pattern on the weekly timeframe, confirmed by a Change of Character (CHoCH) and strong Smart Money activity near the 1.20–1.30$ demand zone.
After months of consolidation, we now see:
✅ A confirmed Break of Structure (BOS) above 1.70$
✅ FVG gap between 2.20$–2.80$ waiting to be filled
✅ Volume rising on bullish candles
✅ Clear Wyckoff Phase D setup (Last Point of Support forming)
Plan:
Entry: 1.25 – 1.35$ (Demand Zone)
Stop Loss: below 1.00$
Take Profit 1: 2.50$
Take Profit 2: 3.80$ – 4.00$
Target structure: 6.50$+ if markup continues
SLS is showing a clear accumulation pattern on the weekly timeframe, confirmed by a Change of Character (CHoCH) and strong Smart Money activity near the 1.20–1.30$ demand zone.
After months of consolidation, we now see:
✅ A confirmed Break of Structure (BOS) above 1.70$
✅ FVG gap between 2.20$–2.80$ waiting to be filled
✅ Volume rising on bullish candles
✅ Clear Wyckoff Phase D setup (Last Point of Support forming)
Plan:
Entry: 1.25 – 1.35$ (Demand Zone)
Stop Loss: below 1.00$
Take Profit 1: 2.50$
Take Profit 2: 3.80$ – 4.00$
Target structure: 6.50$+ if markup continues
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.