I will let you know when i enter, i want price to come up at my entry and see 1-2 wicks on 5m. Lets see
Entry only if there is any possible stophunt, im gonna check on smaller timeframe if i can snipe this trade through institutional candles, otherwise im gonna wait for the price to clean the liquidity and then a stophunt scenario to short it.
WAIT FOR A POSSIBLE STOPHUNT, CHECK PRICE ACTION ON 5-15M TIMEFRAME
Wait for a possible stophunt or check the price action on 5-15m timeframe.
Price broke the previous uptrend without retesting aiming the previous support liquidity area, leaving an imbalance at 1906-1895. After a period of consolidation price created a downtrend formed a new trend liquidity which then were swept by a single instututional candle before creating the recover of the previous break. Now price is going to the imbalance area...