M15 chart currently running in corrective mode. Because, 5 mins timeframe showing CHoCH & continuously making BOS in down trend. So, we will look for short sell opportunity. Now we have to wait for inducement(55230) or another it can make lower low again and then grab the last pullback to take the sell entry.
So, now two levels are there to take the entry for short sell (1) above the liquidity ($$$) zone (>55273 level)
(2) The best option to wait for coming back the price at supply zone.
So, now two levels are there to take the entry for short sell (1) above the liquidity ($$$) zone (>55273 level)
(2) The best option to wait for coming back the price at supply zone.
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Disclaimer
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.