DAILY
Bearish trend.
Recently liquidity swept on the upside, if breaks str on downside(around 11.16), and then returns to that supply around 11.77 levels, it will be a good short, which is possible bcoz we have a mitigated dd below.
However, eventually I don't expect the demand to hold, bcoz by then supplies would have been respected multiple times and dds would have failed continuously.
4H
4h trend bearish currently.
Have an inside bar supply POI around 11.52 levels. Can be a good area to look for shorts, however it may or may not hold as well, coz price 1st swept liquidity on downside, then on upside and now took demand from 4h dd zone and moving up.
So, short only after seeing choch in lower tf.
15M
In an uptrend(substructure) as of now, within 11.435 and 11.280 range.
We have recently started an upmove from a very good 15M dd zone.
We have a supply zone which swept liquidity just before its formation, but it did not break any significant structure yet, so we can't short immediately from there as we are also in uptrend in 15m currently.
Bearish trend.
Recently liquidity swept on the upside, if breaks str on downside(around 11.16), and then returns to that supply around 11.77 levels, it will be a good short, which is possible bcoz we have a mitigated dd below.
However, eventually I don't expect the demand to hold, bcoz by then supplies would have been respected multiple times and dds would have failed continuously.
4H
4h trend bearish currently.
Have an inside bar supply POI around 11.52 levels. Can be a good area to look for shorts, however it may or may not hold as well, coz price 1st swept liquidity on downside, then on upside and now took demand from 4h dd zone and moving up.
So, short only after seeing choch in lower tf.
15M
In an uptrend(substructure) as of now, within 11.435 and 11.280 range.
We have recently started an upmove from a very good 15M dd zone.
We have a supply zone which swept liquidity just before its formation, but it did not break any significant structure yet, so we can't short immediately from there as we are also in uptrend in 15m currently.