Another day in the SUN for SOL?

Oct 5

We are continuing to look for a daily long entry for day trading SOL . yesterday we hit our target and as predicted SOL went back to the FVG to pick up liquidity left behind. Thats good news as now there are only 2 directions price can go.

We will look for a higher high and confirmation of support at our target price from yesterday, If SOL fails to look for buyers at a higher price than we will go down so that the sellers can sellat a lower price.

It appears 150 is the target but we need to pay attention to price movement and trade the chart. As I am day trading SOL Futures today , I will be logging my thoughts and direction im trading
https://www.tradingview.com/x/hXMRzzJi/

Oct 5

Note

Oct 5

Note

price will want to return to the FVG to take care of all that liquidity and break peoples leveraged positions, I will be looking for a retest of the FVG to go long

Oct 5

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Oct 5

Note

waiting for price for an entry around 141

Oct 6

Note

Oct 6

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Oct 6

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Oct 6

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we hit our level and are returning to the FVG for liquidity , this is where we look for a higher high or a lower high to determine direction. The liquidity left will be hard for the market not to react to and price should be drawn into the 143 area before higher highs, but if we may be driven to push the market higher towards the 2nd target if we make a higher low

Oct 6

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Oct 6

Note

4 hour to the daily close and we seem to have the hourly making a bit of a break to the upside, I will be watching for a higher high and a retest 146 - 146.7 in the resistance band

50 min until the close on the 4 Hour and if there is a higher high, then target 2 is in reach

Oct 6

Trade active

taking up long positions with target 2 in sight

Oct 6

Note

10 Min until the close of the daily, Inverts come to life on thge other side of the wor\sd

Oct 7

Note

bullish candle on the daily could indicate a reversal


weekly candle however shows a movement of over 20% lower in the past week


20% from where we are brings us to the top of the channel