$LA is flirting with a trap rally — I’m waiting for the snap back down.
$LA - SHORT
Trade Plan:
Entry: 0.260 – 0.268
SL: 0.288
TP1: 0.240
TP2: 0.232
TP3: 0.216
Why this setup?
4h is the execution frame; the higher-timeframe read stays consistent with the 1D trend is bearish, reinforcing the bias.
The entry zone gives a clean risk box (0.260-0.268) to work from.
If the trigger confirms, TP1 at 0.240 is the first natural target before any extension. Lower TF RSI shows no extreme oversold, leaving room for the move to develop.
Above 0.248, this setup is wrong — cut it.
Debate:
Do we take 0.240 first, or does reclaim above 0.248 cancel the plan?
Trade here 👇 and comment your bias!