Those shorts were taken because the ideal set-up was present. The latest 15 trading range was bearish and has been created from 14 Oct until today. Price has been able to finally retest the initial point of interest from the 15 min timeframe and break strucgure to the downside once again, invalidating latest demand and confirming a bearish orderflow continuation. Execution happened on the 15 s timeframe, after price retested again latest supply responsible for bos on the 15 min timeframe.
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.