I'm not crazy about this due to the fact that it's a counter trend, but I do see price coming lower to one of the unhealthy price action areas and retracing before coming down lower. I would take this as a lower risk trade.
Two potential areas of entry - likely the imbalance. Zero in on the lower time frame and confirm a break of structure before executing the trade.
Two potential areas of entry - likely the imbalance. Zero in on the lower time frame and confirm a break of structure before executing the trade.
Order cancelled:
Too much consolidation