Solana I Daily Range I the discount - Manipulation phase

24 sept.

Hi Traders, Solana is in the discount territory. Which means we are below a 50% of the latest up swing which is giving us nice trader probability for the patter.
📍
I have explained Premium / Discounts in this thread below

Price has created nice range which is being manipulated at this moment. In other words
market makers are loading liquidity.

📍I have explained liquidity in the thread below

📍At this stage when we are in the manipulation phase we dont know yet, if price will go up. Hence we must wait for the Order block confirmation which I explained in this thread bellow.

Once it all aligns and price switch in to the distribution phase there is a change for bullish move which is in sync with this HTF perspective.

💊 Note: this is just a probability. Win rate of this method is above 70% if you trade it with the right market context.


“Adapt what is useful, reject what is useless, and add what is specifically your own.”

David Perk aka Dave FX Hunter ⚔

25 sept.

Note

Order block not confirmed we got new set of down close candles

Charts updated - waiting

26 sept.

Ordre annulé

No strong close inside the range, no setup confirmed