5min TF overview
Trade Entry โ UNIUSDT
๐ Date: Wednesday, 23rd April 2025
๐ Time: 00:40 AM (NY to Tokyo Session โ AM)
๐ Structure: Daily
๐ Entry Timeframe: 1 Hour
๐ป Trade Direction: Sellside
Trade Details:
Entry: 6.089
๐ฏ Target (Profit Level): 5.788 (4.94%)
๐ Stop Loss: 6.100 (0.18%)
๐น Risk-Reward Ratio: 27.36
Market Context:
Price showed signs of exhaustion at a key resistance level on the 1Hr structure, with the RSI aligning with the overall bearish sentiment during the NY to Tokyo transition.
1Hr TF
Structure & Confirmation:
Observed on the 1h timeframe, a clear sweep of NY High formed the direction bias, aligning with a significant daily structure point.
Note
trade 2 stopped out>>? I assume an continuation to the downside Disclaimer
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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.