Trade Breakdown:
Price broke structure to the downside after rejecting the 4H supply zone around 1.35800, creating bearish momentum. We’ve now pulled back aggressively into that same supply zone, aligning with a clean imbalance just above 1.35577. This area is now prime for a reversal.
I’m looking for a bearish engulfing confirmation or strong rejection wick inside the zone to enter short. Once confirmed, this could be a clean swing back to the imbalance fill and potential target zone at 1.33352.
Imbalance:
Clear imbalance left just below 1.35577, sitting right inside the supply zone. Expecting price to mitigate this inefficiency before resuming bearish pressure.
Entry Criteria:
Only entering if a bearish engulfing forms within the supply zone. No confirmation = no trade. ✅
SL: 1.35868
TP: 1.33352
RR: 7.65:1
Bias: Bearish 🔻
Session: London / NY overlap preferred for execution
⸻
🖊️ Trade Simple. Live Lavish.™ – Jaquil Taylor
Price broke structure to the downside after rejecting the 4H supply zone around 1.35800, creating bearish momentum. We’ve now pulled back aggressively into that same supply zone, aligning with a clean imbalance just above 1.35577. This area is now prime for a reversal.
I’m looking for a bearish engulfing confirmation or strong rejection wick inside the zone to enter short. Once confirmed, this could be a clean swing back to the imbalance fill and potential target zone at 1.33352.
Imbalance:
Clear imbalance left just below 1.35577, sitting right inside the supply zone. Expecting price to mitigate this inefficiency before resuming bearish pressure.
Entry Criteria:
Only entering if a bearish engulfing forms within the supply zone. No confirmation = no trade. ✅
SL: 1.35868
TP: 1.33352
RR: 7.65:1
Bias: Bearish 🔻
Session: London / NY overlap preferred for execution
⸻
🖊️ Trade Simple. Live Lavish.™ – Jaquil Taylor
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.
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.