Playing Off 15m POI After HTF Wick Rejection
HTF shows strong rejection from Weekly Highs with clear wick activity, and price tapped into a 4H Orderblock 📉
Structure shifted bearish on LTF with a clean 15m BOS — the last OB from the full move is now in play.
Asia high sits above and can’t be covered with a 10 pip stop, so I used a tighter 5 pip SL to cover just the OB (high probability since no key zones sit above) ✅
📉 Confluences:
– Weekly High wick rejection
– 4H OB tapped
– 15m BOS
– 1m BOS from 15m POI
– Entry from cleaner 5m OB inside 15m OB
🎯 TP: Targeting Asia Low
💰 RR: 5 pip SL improves RR since GU moves slow
🛡️ SL: Tight stop covering only the OB — if invalidated, setup likely fails anyway
HTF shows strong rejection from Weekly Highs with clear wick activity, and price tapped into a 4H Orderblock 📉
Structure shifted bearish on LTF with a clean 15m BOS — the last OB from the full move is now in play.
Asia high sits above and can’t be covered with a 10 pip stop, so I used a tighter 5 pip SL to cover just the OB (high probability since no key zones sit above) ✅
📉 Confluences:
– Weekly High wick rejection
– 4H OB tapped
– 15m BOS
– 1m BOS from 15m POI
– Entry from cleaner 5m OB inside 15m OB
🎯 TP: Targeting Asia Low
💰 RR: 5 pip SL improves RR since GU moves slow
🛡️ SL: Tight stop covering only the OB — if invalidated, setup likely fails anyway
Trade closed: stop reached
PMI took me out, on to the next!
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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.