I noticed interesting movements in SKYAI on the 5-minute chart ๐Ÿ“Š The price seems to be testing the liquidity zone near the higher levels, which gives me a strong signal that an upward attempt is coming. The idea is that clearing the FVG near 0.05290-0.05314 could be a good starting point, especially if we see clear confirmation of a reversal. The targets afterward are heading toward 0.05329 and possibly 0.05480 if momentum continues.



But the important thing here is not to rush โ€” Iโ€™m waiting for real price reactions before entering. Pin bars, cover candles, and aggressive absorption are the signals I look for. FVG trading requires patience and clear confirmations, not just guesses.

Whatโ€™s the alternative scenario? If the price breaks support at 0.05141 strongly and doesnโ€™t recover quickly, Iโ€™ll change my direction immediately. In that case, Iโ€™ll look for short-selling opportunities toward 0.04925. The indicators now point to an upward move, but this can change quickly if we lose this critical support. ๐Ÿ“ˆ
SKYAI32.55%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments