15min TF overview
🟥 Sellside Trade Log
📈 Pair: SOL/USDT
🏷️ Type: Intraday | Tokyo Session AM
🧠 Setup: Breakout
📅 Date: Sunday, 11th May 2025
🕝 Time: 2:30 AM
🔹 Entry Price: 174.933
🔹 Profit Target: 171.559
🔹 Stop Loss: 175.380
🔹 Risk-Reward Ratio: 7.55
Reasoning
Sellside trade taken after observing weak follow-through on previous bullish movement. Price action showed signs of exhaustion below a key resistance level, with a lower high forming on reduced volume. This indicated potential distribution. Entry was timed following a clean break of minor intraday support during the Tokyo AM session, aligning with short-term bearish structure and targeting nearby resting liquidity.
Trade active
Stop level moved (1.00%)
Trade closed: target reached
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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.