PYTH SHORT set up

21 Jul

Bias: Rejection at weak high above PDH into premium zone with bearish divergence and overbought oscillator

🔍 Confluences:
✅ Price in premium zone

✅ Wick rejection at weak high

✅ Stochastic RSI double top + bearish divergence

✅ Price extended away from 9/EMA baseline

✅ Possible inducement sweep of PDH liquidity

✅ Low volume on final push (distribution behavior)

🎯 Sniper Entry Zone:
Entry (Short): 0.1440 – 0.1455
(Markets may try one more inducement wick above PDH. Set alerts and place partial limit above 0.1445)

💰 Take-Profit Range (TP1):
TP1 Range: 0.1300 – 0.1320
(Aligns with top of cloud / 4H equilibrium retest zone and PDL proximity)

TP2: 0.1220
(Targeting full EQ zone retest / liquidity void)

🛡️ Stop Loss (SL):
SL: 0.1476
(Hard stop just above the weak high and final supply zone. Small buffer for possible wick)
🧠 Risk-Reward (R:R):
TP1 R:R: ~2.8:1

TP2 R:R: ~5:1

⏳ Estimated Timeframe for TP1:
Within 6–12 hours, assuming the reversal confirms on 1H close and momentum follows through.

🚨 Tactical Notes:
Watch for 1H close back below 0.1410 as added confirmation.

Momentum divergence + overbought suggests exhaustion.

Lock in profits at TP1, trail SL to BE, and let rest run if targeting TP2.

24 Jul

Trading ditutup: target tercapai

Target 1 and 2 achieved