The higher-timeframe narrative remains constructive despite the current intraday weakness. Price has completed a bearish Change of Character (ChoCH) on the execution timeframe while the internal structure continues to show relative strength. This suggests the current decline is more likely a liquidity-driven pullback than the beginning of a sustained bearish trend.
During the London session, my focus is on whether price sweeps the Asian session lows. A clean liquidity grab into the marked 15-minute demand zone would provide the ideal conditions for bullish continuation.
Bullish Scenario
I'm not interested in buying at current prices.
Instead, I want to see:
A decisive sweep of the Asian lows.
Price trade into the highlighted 15-minute demand zone.
A confirmed bullish Change of Character (ChoCH).
Evidence of demand stepping in through displacement before considering long positions.
If these conditions align, I'll be targeting a continuation back toward the recent highs, with the expectation that higher-timeframe order flow resumes.
Bearish Scenario
At present, I have no interest in initiating shorts.
Although execution-timeframe structure is bearish, I believe the current move is primarily seeking liquidity before a deeper retracement. Selling into higher-timeframe demand would offer poor risk-to-reward unless the bullish thesis is invalidated through sustained acceptance below the demand zone.
Key Levels
🟦 Primary Area of Interest: 15-minute demand zone.
🟦 Liquidity Target: Asian session lows.
⬆️ Confirmation Required: Bullish ChoCH with strong displacement from demand.
❌ Invalidation: Clean acceptance below the demand zone.
Trading Plan
Patience remains the edge today. Rather than chasing the current bearish momentum, I'm waiting for price to complete its liquidity objective. If buyers reclaim structure from demand, I'll look for high-probability long opportunities. Until then, capital preservation takes priority.
During the London session, my focus is on whether price sweeps the Asian session lows. A clean liquidity grab into the marked 15-minute demand zone would provide the ideal conditions for bullish continuation.
Bullish Scenario
I'm not interested in buying at current prices.
Instead, I want to see:
A decisive sweep of the Asian lows.
Price trade into the highlighted 15-minute demand zone.
A confirmed bullish Change of Character (ChoCH).
Evidence of demand stepping in through displacement before considering long positions.
If these conditions align, I'll be targeting a continuation back toward the recent highs, with the expectation that higher-timeframe order flow resumes.
Bearish Scenario
At present, I have no interest in initiating shorts.
Although execution-timeframe structure is bearish, I believe the current move is primarily seeking liquidity before a deeper retracement. Selling into higher-timeframe demand would offer poor risk-to-reward unless the bullish thesis is invalidated through sustained acceptance below the demand zone.
Key Levels
🟦 Primary Area of Interest: 15-minute demand zone.
🟦 Liquidity Target: Asian session lows.
⬆️ Confirmation Required: Bullish ChoCH with strong displacement from demand.
❌ Invalidation: Clean acceptance below the demand zone.
Trading Plan
Patience remains the edge today. Rather than chasing the current bearish momentum, I'm waiting for price to complete its liquidity objective. If buyers reclaim structure from demand, I'll look for high-probability long opportunities. Until then, capital preservation takes priority.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.