Status: Entered at 120-ish
TRADE SETUP (EXECUTION FIRST)
- Entry Zone / Trigger:105 – 120 HTF demand zone.... Price acceptance above 110 key level preferred (heavy volume node)
- Stop / Invalidation: Below 105 (HTF demand failure)
- Initial Targets: T1: 135, T2: 163, T3: 200, Extension: 200+
- Order Type: Market orders inside HTF demand
- Risk / Size Guidance: Max 0.5–1R risk. If your normal risk is $100, size this at $50–$100 depending on stop choice and timeframe
MANAGEMENT PLAN (IF → THEN RULES)
- IF entry fills → THEN no changes until a target or invalidation is hit
- IF price breaks and holds below 105 → THEN trade is closed, no re-entry unless structure resets
- IF price reaches T1 (135) → THEN take partial (⅓–½) and move stop to breakeven or structure
- IF price reaches T2 (163) → THEN manage remainder based on momentum and structure
- IF entry is not hit before leaving the demand zone → THEN setup is cancelled
CONTEXT & THESIS (OPTIONAL READ)
- Structure:Price is trading at HTF demand after a prolonged decline — extreme range location
- Level Logic:
- Why This Works:Last Thursday printed the highest daily volume since 2020Weekly chart confirms highest volume since 2020High volume at extremes typically signals institutional participation, not retail noise
- Invalidation Beyond Stop:Sustained acceptance below 105 would indicate demand failure and thesis breakdown
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