HTF Downtrend with Clean LTF Setup
Bias remains bearish with HTF downtrend, W imbalance resting above, and 4H 50EMA close to our zone.
📉 Confluence:
Textbook LTF structure, expecting LH → LL
DXY reacting from 15m POI + Asia low to fill
15m Extreme OB + 5m OB as entry zone
Clean 1m BOS confirming sellers stepping in → add another 50%
🎯 Entry: 50% tap of 5m OB after 1m BOS
🛡️ SL: Above LH structure
📌 TP: At least 1:3 RR down to Asia low
⚠️ Minor risk with W imbalance above, but strong trend and confirmations to support the trade.
3 hours ago
Trade active
We got an 1mBOS from the 15m POI
Got 2 entry points now : The one from the 5m OB marked out on the photo and one at the lower 5m that created the break. Will see what happens
Bias remains bearish with HTF downtrend, W imbalance resting above, and 4H 50EMA close to our zone.
📉 Confluence:
Textbook LTF structure, expecting LH → LL
DXY reacting from 15m POI + Asia low to fill
15m Extreme OB + 5m OB as entry zone
Clean 1m BOS confirming sellers stepping in → add another 50%
🎯 Entry: 50% tap of 5m OB after 1m BOS
🛡️ SL: Above LH structure
📌 TP: At least 1:3 RR down to Asia low
⚠️ Minor risk with W imbalance above, but strong trend and confirmations to support the trade.
3 hours ago
Trade active
We got an 1mBOS from the 15m POI
Got 2 entry points now : The one from the 5m OB marked out on the photo and one at the lower 5m that created the break. Will see what happens
Trade active
Did tagged me in hahaTrade closed: target reached
1:3 reachedDisclaimer
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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.