Long trade
2min Overview
Pair SOLUSD
Buyside trade
Sat 25th Jan 25
7.20 am (NY Time)
1Hr TF Entry
4Hr Structure
Entry 248.70
Profit level 260.96 (4.93%)
Stop level 247.16 (0.62%)
RR 7.96
Reason: Mapping price action from 4Hr to 1Hr time-frame seemed indicative of a buyside trade. Based on the narrative of supply and demand, the ascending triangle formation is utilised as support with directional bias and buyside trade.