Technical analysis by davidjulien369 about Symbol PENGU: Sell recommendation (11/22/2025)

Trade Journal Entry #2 — Sell-Side Trade Pair: PENGUUSDT.P Date: Fri 21st Nov 25 Time: 11:00 pm Session: Tokyo PM Direction: Sell-Side Timeframe: 15-min 🔹 Trade Details Entry: 0.010486 Profit Target: 0.007730 (+24.57%) Stop Loss: 0.012479 (–3.31%) Risk-Reward Ratio: RR 10.63 15min TF overview 🔹 Technical Context Model: Distribution → Sweep of Buyside Liquidity → Bearish BOS → FVG/OB Stack → Sell-Side Continuation Price swept liquidity above redistribution highs (0.01185 / 0.01195). Final mitigation at inflexion point 0.011631, followed by a strong bearish displacement, which caused major structure breaks at 0.009953. Multiple bearish. FVGs show continuous institutional selling. Internal low at 0.009744, External liquidity at 0.0088726 and Swing low 0.0082786. 🔹 Narrative / Sentiment The market shifted decisively to bearish sentiment following the distribution of premiums. Liquidity was taken from above highs → confirming intent to reprice lower. Tokyo session algorithm favoured sell-side continuation. Sentiment: "Distribution → Stop-Run → Breakdown → Sell-Side Target Delivery." Trade Journal Entry #1 — Buyside Trade (Completed) Pair: PENGUUSDT.P Date: Wed 19th Nov 25 Time: 3:19 pm Session: LND → NY PM Direction: Buyside Timeframe: 15-min 🔹 Trade Details Entry: 0.011728 Profit Target: 0.012234 (+3.96%) Stop Loss: 0.011634 (–1.13%) Risk-Reward Ratio: RR 3.84 Outcome: Target Hit Trade Duration: 3 hrs 45 mins 🔹 Technical Context Model: Accumulation → Sweep of Sell-Side Liquidity → Bullish BOS → Re-entry via Discount FVG. Price swept Tokyo lows beneath the yellow liquidity zone. Observed reaction produced a clean displacement candle breaking upward structure (BOS). A bullish FVG formed and provided the optimal entry on retracement. Observing the bullish OB underpinned the structure along with the daily Open bias, which supported upward continuation. 🔹 Narrative / Sentiment The market was positioned to run buyside liquidity resting above intraday highs. Accumulation beneath the daily open signalled clear bullish intent. The volume expansion confirmed institutional buying. Sentiment: "Accumulation → Intent → Execution → Target Delivery."