I am providing a possible trade setup based on chart observation for educational / analytical
๐ FLOKUSDT Perp โ 1H Chart Analysis
Market Structure:
Clear downtrend (lower highs, lower lows)
Sharp dump followed by weak consolidation
Declining volume โ buyers are weak
Key Observations:
Strong rejection from higher levels
No clear reversal pattern yet (no double bottom / bullish engulfing)
Therefore, trend-following = SHORT is the safer ๐ด Primary Trade Idea: SHORT (Trend Continuation)
Entry (Sell):
0.0865 โ 0.0875 (on pullback / rejection)
Stop Loss (SL):
0.0905
Take Profit Targets (TP):
TP1: 0.0830
TP2: 0.0800
TP3 (aggressive): 0.0755
๐ At TP1: take partial profit + move SL to entry (risk-free trade)
๐ข Alternative Scenario (Only on Confirmation)
If a 1H candle closes strongly above:
0.0910 with increased volume
Long Setup:
Entry: 0.0915 โ 0.0920
SL: 0.0885
TP: 0.0965 โ 0.1000
Use only 5โ10% of total account per trade
Risk per trade: maximum 1โ2%
