Here on EU, structure had mitigated the large 4H candle which was a large area of order flow on the 1H . After the mitigation we saw the small 1H corrective pattern break structure making the long wick the last point of mitigation . Based on this structure break and my EU long term bias, I'm now looking for price to pull back into the wick which I refined down to a 30m I candle which lots of imbalance following that I would like to see get filled. I'm hoping to take price lower to clear some eqls.
ملاحظة
What happened on this trade was price traded into the 1H poi again and fell earlier than I had expected. This was because there was a shift in price and manipulation on the smaller timeframes that I didn't pay attention to. I was so fixated on price coming to my smaller area of interest that I wasn't monitoring smaller timeframe price action. I should have remembered that price was still within a 1H supply zone so its permitted to reverse from the area and should always monitor price action when its in theses areas. Structure started to shift on the 10 and 5 min timeframes and the entry was of a 10m i candle.
Beyond Technical Analysis

إخلاء المسؤولية