08 / Liquidity sweep of equal highs
Nearly equal highs, a sweep, then a close back below
SOL/USD, daily. Two bounce highs printed almost the same price, a later session traded through them, and that session closed back below. This is the sweep shape, including an earlier probe that already traded through the equals.
Educational examples — not a trade Josh took, not a signal
SOL/USD · daily · 2025-11-13 to 2025-12-20. Data: Kraken public OHLC API. Fills, fees and slippage are not known from these bars. Hypothetical study figures on this page are untested.
Related glossary: equal highs and lows, liquidity sweep, retest.
| What the setup shows | On 20 November 2025 Solana’s high was $144.62; on 26 November it was $144.68, six cents apart. On 3 December, before the more decisive session, the high was already $146.00, through those equals, and the close was $144.72, back at the zone. On 4 December the high was $146.85 and the close was $139.04, further below the equals. |
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| Hypothetical study logic (untested) | A study of a sweep short might treat the 4 December close of $139.04 as interest, with invalidation above the 4 December high of $146.85. Planned risk would be $7.81 (1R). An illustrative 2R target would sit at $123.42. Untested, and a daily close is not a known fill. The 3 December probe to $146.00 is part of the picture: the equals had already been traded through once. |
| What price did afterwards | On 9 December the high was $144.88, a retest that did not exceed the 4 December sweep high, and the close was $137.88. On 18 December the low was $116.87 (close $119.55), through the 2R figure. |
| What could go wrong | A sweep close is not a reversal by itself. The 3 December session already traded through the equals and closed back at them, so a rule that “the first sweep is the trade” would have had to decide what to do a day earlier. A later low does not mean a trader would have been in, or stayed in, with a defined rule. |
Josh explains
A walkthrough of this example
This is narration of the published facts on this page. It does not add new numbers, and it is not a signal.
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Step 1
What the chart is showing
Solana daily, late 2025: nearly equal highs six cents apart, then sessions that trade through those equals and close back below. The published dates and prices are on the table below the chart. That’s the “equal highs, sweep, close back” picture.
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Step 2
The untested study idea
The write-up sketches a hypothetical short from the 4 December close, invalidation above that day’s high, labeled untested. It also notes that 3 December had already probed through the equals — so a rule has to say which sweep counts.
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Step 3
What happened afterward
A later retest did not exceed the 4 December sweep high. A later low in the window ran through the illustrative 2R figure. Again: description of these bars, not a track record.
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Step 4
What could go wrong
A sweep close is not a reversal by itself. If your rule is “the first sweep is the trade,” you have to say what you would have done on 3 December. I did not take this trade, and this is not a signal.
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Education only, not financial advice. This is a personal record of one trader’s decisions, including the mistakes. Trading crypto carries a real risk of losing money. Full disclaimer.