Lots of unfilled orders sitting above. Below, we see a big area of a lot of trading meaning there are very few unfilled orders below. The bigger picture also suggest we should be short. We have two ways to enter the trade. One at the lower supply zone and the other at the higher supply zone. Depending on your rules, you can take one or the other or just take both.
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Please like and follow and I will post more like this.
Trade closed: target reached:
First Short entry lost. That was the more aggressive entry. Now that we are at more expensive prices. You can drop down to an even lower time frame like the 5Min and look for new supply to form to go short or wait to enter at the higher supply drawn out.