PLTR Community Request — Full Scenario Map
This one came from a member request. Here's my full read on PLTR — and why I'm not trading it yet. 🗺️ Zone Map — screenshot this for your chart: Higher supply: 172-182 (Resistance above) Current supply: 159.80-165 (Reacting here now) Structure break: 149.09 (Short confirmation) Demand: 126-138 (Support below) ⚡ Action right now: Set alerts at 149.09, 172, and 138. When one hits, come back to this post — your playbook for each scenario is below. Price is between these zones with no confirmed direction. I'm not trading this range — it's no man's land. Here's exactly what I'll do when each scenario triggers: --- Scenario 1 — Short from 159.80-165 (current supply) Price is reacting off this supply now with 1hr selling pressure, but the short isn't confirmed yet. Trigger: Daily close below 149.09. What to do when it triggers: 1. Mark the high of the breakdown move — that's your newly formed supply zone 2. Wait for price to pull back UP into that new supply (the remitigate — price retesting the zone sellers just created) 3. Enter short on the remitigate. Stop above the new supply zone 4. T1: 138 (top of demand). T2: 126 (bottom of demand) 5. Risk: 0.5% of account Why 149.09 matters: That's the structure break — where price closing below confirms sellers took control, not just tested. Without that break, the 1hr selling pressure could be a pullback, not a reversal. The remitigate is what separates a chase from a high-probability entry — you're letting price come to you after direction is confirmed. --- Scenario 2 — Short from 172-182 (higher supply) Only in play if price pushes through 159.80-165 without selling off. Trigger: Price trades into 172-182 + 1hr rejection with clear selling pressure. What to do when it triggers: 1. Watch 1hr price action inside 172-182 for rejection — sellers stepping in, candles closing weak 2. Enter short on the 1hr shift in structure (when 1hr starts making lower highs and lower lows inside the zone)