15m showed an internal bullish flip, resulting in a closed trade at a loss. Good RR and SL's makes these losses manageable to still be profitable overall. New short entry at a better position, first target is the weak 15m swing low followed by the weak 4h swing low. Keeping in mind a potential mitigation of the supply zone above, keeping a tighter SL compared to previous trades.
4h chart shows both the external and internal structures are aligned bearish, expectation for a continuation to break the weak 4h swing low. Overall outlook is still bearish, supporting the potential for further downside movement.
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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.