📉 Bias: Bearish | Risk: 0.5% | 🎯 Target: 1:3 (plus possible Asia low)
🧠 Reasoning:
Price showed strong extended wick rejection 👋, which was later filled. A 15M imbalance was left behind, expecting price to return to that area for a short setup.
🔍 Confluences:
Extended wick filled ✅
15M imbalance left above 📊
Clean Asia low below for extended target 🌏
🎯 Plan: Wait for price to return to imbalance zone, then enter short with TP at 1:3 or previous Asia low.
🧠 Reasoning:
Price showed strong extended wick rejection 👋, which was later filled. A 15M imbalance was left behind, expecting price to return to that area for a short setup.
🔍 Confluences:
Extended wick filled ✅
15M imbalance left above 📊
Clean Asia low below for extended target 🌏
🎯 Plan: Wait for price to return to imbalance zone, then enter short with TP at 1:3 or previous Asia low.
Trade active
Got tagged in, im looking to put breakeven as soon as we break the last structure point. Note
Im breakeven, and im aware that price can spike up and take me out given the imbalance on 5/1m. but i prefer to be taken out at breakeven than spiked out and get an SL. Protecting my capital.Trade closed: stop reached
Im out at Breakeven. Im monitoring it, to see what would happen if i would re enter on the last 1m imbalance, if its worth it or not.
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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.