Bearish Trend with EMA + OB Confluence
HTF bias stays bearish – price rejects from Daily EMA buy-side just to fuel HTF continuation down. 4H EMA is aligned bearish, with a clean 4H OB above as an alternative POI.
📈 HTF Confluence:
⬇️ 4H + Daily trend remain bearish
📍 4H EMA + 4H OB in play
⚡ Rejecting bullish Daily EMA → likely liquidity grab before continuation
📉 LTF Context:
💤 Asia range formed
📉 15m trend bearish with fresh BOS
🎯 Two possible POIs: current 15m OB near 4H EMA or higher 4H OB → chose current zone for entry
⚠️ Accepting risk that price may reach higher POI and take SL before continuation
🎯 Entry Plan:
✅ 50% risk placed on tap entry at 15m Decisional OB (volume-rich, possible immediate drop)
⏳ Remaining 50% reserved for LTF confirmation (1m BOS) or higher OB setup
🎯 TP: aiming asia low aligned with 1:3 RR
🛡 SL: Above 5m OB (risking sweep)
📌 TP: Targeting Asia lows / continuation into bearish HTF leg
HTF bias stays bearish – price rejects from Daily EMA buy-side just to fuel HTF continuation down. 4H EMA is aligned bearish, with a clean 4H OB above as an alternative POI.
📈 HTF Confluence:
⬇️ 4H + Daily trend remain bearish
📍 4H EMA + 4H OB in play
⚡ Rejecting bullish Daily EMA → likely liquidity grab before continuation
📉 LTF Context:
💤 Asia range formed
📉 15m trend bearish with fresh BOS
🎯 Two possible POIs: current 15m OB near 4H EMA or higher 4H OB → chose current zone for entry
⚠️ Accepting risk that price may reach higher POI and take SL before continuation
🎯 Entry Plan:
✅ 50% risk placed on tap entry at 15m Decisional OB (volume-rich, possible immediate drop)
⏳ Remaining 50% reserved for LTF confirmation (1m BOS) or higher OB setup
🎯 TP: aiming asia low aligned with 1:3 RR
🛡 SL: Above 5m OB (risking sweep)
📌 TP: Targeting Asia lows / continuation into bearish HTF leg
Trade active
Got tagged in, if i see a nice 1m break, im planning to reenter with the other 0.5% risk.Trade closed: stop reached
SL got hit
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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.