HTF shows clear Bearish OBs on both W and D, with doji & hammer formations hinting at buyer exhaustion. Expecting a pullback into imbalance below.
On LTF, we’ve had a clean BOS in Asia, followed by a retrace into the last 15m extreme OB – an ideal scenario for forming a new lower high in the ongoing bearish trend.
📉 Entry: 1m BOS + reaction from 15m POI
🧩 Confluence: Asia BOS, LTF structure, DXY alignment
🎯 TP: Asia Low (less than 3RR), potential to run further into HTF imbalance
🛡️ Context: All factors align – HTF bias, LTF trend, and precise entry logic.
A textbook continuation play – if we’re going to turn, this is the zone to do it.
On LTF, we’ve had a clean BOS in Asia, followed by a retrace into the last 15m extreme OB – an ideal scenario for forming a new lower high in the ongoing bearish trend.
📉 Entry: 1m BOS + reaction from 15m POI
🧩 Confluence: Asia BOS, LTF structure, DXY alignment
🎯 TP: Asia Low (less than 3RR), potential to run further into HTF imbalance
🛡️ Context: All factors align – HTF bias, LTF trend, and precise entry logic.
A textbook continuation play – if we’re going to turn, this is the zone to do it.
Trade active
My stoploss is at breakeven due to reaching 1.5RRI dont expect any deep pullback on the way to the 3RR, maybe some reaction from the asia low.
Trade closed: target reached
Took 75% off before NFPNote
I took the rest of 25% at 6RR out.
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.
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.