$RAVE — EXHAUSTION AT THE HIGHS AND BEARISH DISTRIBUTION 🚨

TRADE TYPE: SHORT / SELL

ENTRY: 2.16224

TARGETS: 2.00000, 1.80000, 1.50000

STOP LOSS: 2.35000

WHY THIS TRADE :-

THE 4H CHART SHOWS EXHAUSTION AFTER A MASSIVE PARABOLIC UPTREND. THE PRICE FORMED A CANDLE WITH A LONG UPPER WICK AT THE HIGHS, INDICATING A SWEEP OF BUY-SIDE LIQUIDITY AND A STRONG REJECTION FROM SELLERS. SMART MONEY IS NOW DISTRIBUTING THEIR POSITIONS. WE EXPECT A SIGNIFICANT BEARISH PULLBACK TO FILL THE MASSIVE INEFFICIENCIES AND FAIR VALUE GAPS (FVG) LEFT BELOW DURING THE IMPULSIVE MOVE UP. 📉

TRADE $RAVE FROM HERE 👇🏻

RAVEBSC
RAVEUSDT
13.64
+41.91%