Why I Took This Winning Trade on SOLUSDT (Short) 
2025-02-12
Category: None

 

Trade Summary:

Pair: SOL/USDT
Trade Type: Short
Leverage: 30x
Entry Price: 195.688
Exit Price: 194.510
Profit: +18.06%
The Setup 🔍
This trade was based on a confluence of technical indicators and market structure analysis. Looking at the 15-minute chart, several factors aligned perfectly, creating a high-probability setup. My goal was to capitalise on a short-term retracement before a potential upward move.

Why I Took This Trade
Market Structure & Key Levels

The LOD (Low of the Day) was breached earlier, giving a strong signal that price would likely retrace to test lower support levels before making a move upward.
The 50% H/LOD level acted as a magnet, suggesting a bounce from these zones.
Session Timing

The trade was taken near the transition between the Asian and UK sessions, a period known for higher volatility and increased movement.
The timing aligned with the London session’s breakout patterns, where price often sweeps lows before retracing.
EMA Strategy

The alignment of multiple EMAs indicated a bearish trend continuation in the short term.
Price rejection at the IHOD (Initial High of the Day) further confirmed the short setup.
Order Block Detection

The chart showed a bearish order block, providing an additional layer of confirmation. The expectation was that price would fill that block before reversing.
Execution ⚡️
Once these criteria aligned, I entered the trade at 195.688 with a tight stop above the recent high. My target was just above the 193.18 support level, ensuring a favourable risk-to-reward ratio.

Reflection & Outcome 🎯
The trade played out beautifully, reaching my target with minimal drawdown. The +18.06% profit on 30x leverage is a solid reminder that sticking to a strategy and trusting the setup pays off.

Key Takeaways ✍️
Patience is key: Waiting for confirmation from multiple indicators increases the probability of success.
Session timing matters: Transitions between sessions often bring strong moves.
Focus on high-probability setups and avoid overtrading.
