SOL - Fuel Availability Assessment
At this time it would be premature to draw definitive conclusions about the situation. We need to be patient and wait for the critical crossover point.
I am leaning towards reducing asset values and taking liquidity down from lower levels while addressing the "FVG" issue.
I intend to explore lower time frames (LTF) of 15 minutes to 1 hour to determine a suitable entry point. If an "OB" breakout occurs, I will switch to capitalize on the prevailing trend.
Conversely, if the bears show resilience and form a downward trajectory, I will position myself appropriately within the downtrend.
I am leaning towards reducing asset values and taking liquidity down from lower levels while addressing the "FVG" issue.
I intend to explore lower time frames (LTF) of 15 minutes to 1 hour to determine a suitable entry point. If an "OB" breakout occurs, I will switch to capitalize on the prevailing trend.
Conversely, if the bears show resilience and form a downward trajectory, I will position myself appropriately within the downtrend.
Related publications
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.