๐ DETAILED BREAKDOWN โ NO ROOM FOR ERRORS 1๏ธโฃ Symmetrical Triangle (BOOM or TRAP?) Triangle Resistance: $3,025 (Institutional Sell Zone โ Smart Money Control) Triangle Support: $3,018 (VWAP & 50 EMA โ Last Line of Defense) Breakout Confirmation: Above $3,025 (Bullish) or Below $3,018 (Bearish Rejection) Market Maker Trap? High probability of liquidity grab above resistance, trapping retail buyers! 2๏ธโฃ Elliott Wave Theory โ Wave 5 Incoming? Wave 1 & 3: โ Strong impulsive moves backed by volume expansion. Wave 4: โ Retracement forming near VWAP & 50 EMA โ HIGH PROBABILITY ZONE. Wave 5 Projection: ๐ฅ If bullish, price extends to $3,030 - $3,035. If rejection occurs, watch for a dump back to $3,018. ๐ Key Question: โก๏ธ Will we see an EXPLOSIVE BREAKOUT or a MARKET MAKER FAKEOUT?
๐ SMART MONEY MANIPULATION โ INSTITUTIONAL ORDER FLOW ๐ฆ ๐ฅ WARNING: LIQUIDITY SWEEP IN PLAY! โ Liquidity sweep above $3,025? HIGH probability of Smart Money SELLING into retail longs. โ Retail traders FOMO-buying breakouts? Smart Money LOVES to fade that. โ IF rejection happens below $3,024, expect FAST DUMP to $3,018 - $3,014!
๐ข ULTRA-AGGRESSIVE BUY (If Breakout Above $3,025) ๐ Entry: Buy only if price breaks & holds above $3,025 โ NO FAKEOUTS. ๐ Stop-Loss: $3,022 (Invalidation Zone โ No Weak Positions). ๐ Take-Profit #1: $3,030 (Swing High Target โ Retail Stops Ahead). ๐ Take-Profit #2: $3,035 (Wave 5 Extension Target โ Absolute Milk). ๐ Risk-Reward Ratio: 3:1 โ (BULLISH MOMENTUM PLAY โ NO FEAR).
๐ฅ FINAL DECISION โ DOMINATE LIKE SMART MONEY! ๐ Pattern CONFIRMS either a BREAKOUT or a TRAP โ WE TRADE ACCORDINGLY! ๐ SMART MONEY WATCH:
โ If rejection at $3,024, we DUMP IT โ SELL! โ If strong breakout above $3,025, we RIDE THE WAVE โ BUY! ๐ฅ NO EMOTIONS. NO FEAR. ONLY MILKING THE MARKET EVERYDAY! ๐ฐ๐๐ฅ
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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.