Setup
• Type: Rejection of 4H/1H supply → continuation lower.
• Zone to arm: 62.90–63.30 (overlapping 30m/1H supply + prior shelf).
• Triggers (must have both):
• 15-minute bearish confirmation (lower high + close back below ~62.95 from the zone).
• 5-minute bearish close in the zone with order-flow tilt (absorption/failure to lift).
(No confirmation = no trade.)
Entry & Risk
• Entry: MOS on the confirming 5m close within 62.90–63.30.
• Stop: 63.62 (above 1H supply high/swing). ≈ 0.32–0.72 risk depending on fill.
• Size: Calibrate so full-stop loss = ≤ 1R of your plan.
Targets (R:R from 63.10 mid-entry, 0.52 stop)
• TP1: 61.80 (prior-week low/shelf) → ~2.5R
• TP2: 61.10 (1H demand edge) → ~3.8R
• TP3: 60.50 (deeper 4H demand) → ~5.0R
Management
• Scale 1/2 at TP1; trail above last 5m swing after a fresh LL or hold for TP2.
• If price tags 63.30–63.50 and closes 15m above 63.50, invalidate the short idea until structure resets.
• Avoid fresh risk within ~10–15 min of EIA Wed 10:30 ET; re-arm after the first post-release 15m bar closes.
• Type: Rejection of 4H/1H supply → continuation lower.
• Zone to arm: 62.90–63.30 (overlapping 30m/1H supply + prior shelf).
• Triggers (must have both):
• 15-minute bearish confirmation (lower high + close back below ~62.95 from the zone).
• 5-minute bearish close in the zone with order-flow tilt (absorption/failure to lift).
(No confirmation = no trade.)
Entry & Risk
• Entry: MOS on the confirming 5m close within 62.90–63.30.
• Stop: 63.62 (above 1H supply high/swing). ≈ 0.32–0.72 risk depending on fill.
• Size: Calibrate so full-stop loss = ≤ 1R of your plan.
Targets (R:R from 63.10 mid-entry, 0.52 stop)
• TP1: 61.80 (prior-week low/shelf) → ~2.5R
• TP2: 61.10 (1H demand edge) → ~3.8R
• TP3: 60.50 (deeper 4H demand) → ~5.0R
Management
• Scale 1/2 at TP1; trail above last 5m swing after a fresh LL or hold for TP2.
• If price tags 63.30–63.50 and closes 15m above 63.50, invalidate the short idea until structure resets.
• Avoid fresh risk within ~10–15 min of EIA Wed 10:30 ET; re-arm after the first post-release 15m bar closes.
If you want to contact me here is my Discord channel discord.gg/gvv3TK4m
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If you want to contact me here is my Discord channel discord.gg/gvv3TK4m
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.