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.
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.