I am expecting to see price come back into balance and fill the imbalance & FVG. (IFVG on the M15 & also FVG on H1 for confluence. This is also an area of confluence at .88 where price loves to retrace too. This will be our golden zone bc it will also fill the candle imbalance simultaneously and match up with the higher timeframes.
Equal highs have be taken out so we should be seeing GU bearish for a few weeks to the next important Bullish unmitigated OB. We will at least looking to take out the equal lows. We can look for short set ups throughout the next few weeks on intraday timeframes.
We are tapping into a key area of supply that has not been mitigated. This is a 1:16 R:R with set up. We have a lot of liquidity right in between here which means we should see a liquidity sweep. down.
We are in a strong demand area and we are also right at a strong area for the volume profile on the daily TF (red dashed lines) Those are two very strong confluences to take this set up. The candles are also starting to sheink giving us more confluence for a long set up. Here I am taking a 1:6 R:R
Look for price to mitigate the order block have highlighted. If you do want to set a sell limit you can also go down to a smaller TF to find a CHoCH and enter off the new supply zone. This will keep the entry super tight with a high R:R
Structure has started to change so I will have sell limit orders set as you see them. I see GJ being bearish early in the week to mitigate at least one of the unmitigated supply zones. They both have high R:R set up. 1:8 & 1:14 R:R. Risk management is key.