Price has displayed a Change of Character (ChoCH) on the 4-hour timeframe, breaking the existing bullish trendline and leaving behind a 4H imbalance. This shift indicates potential weakness in the prevailing bullish structure.
I’ll be waiting for price to retrace into the 4H imbalance zone and establish a bearish Change of Character on the 15-minute timeframe, ideally accompanied by the formation of a Fair Value Gap (FVG) or minor imbalance.
Once the 15M imbalance is retested and a bearish candlestick pattern confirms order flow alignment, a short position can be considered after a break below the low of that bearish pattern.
This setup aligns multiple timeframe confluences, reflecting a potential shift in market structure from bullish to bearish.
I’ll be waiting for price to retrace into the 4H imbalance zone and establish a bearish Change of Character on the 15-minute timeframe, ideally accompanied by the formation of a Fair Value Gap (FVG) or minor imbalance.
Once the 15M imbalance is retested and a bearish candlestick pattern confirms order flow alignment, a short position can be considered after a break below the low of that bearish pattern.
This setup aligns multiple timeframe confluences, reflecting a potential shift in market structure from bullish to bearish.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.