ETH/USDT 15-minute chart
$ETH
📊 Chart Observations
BOS (Break of Structure) around 1428.13:
Indicates a bullish shift in market structure.
OB (Order Blocks) at:
Lower OB: ~1470–1485 (recent supply zone)
Upper OB: ~1510–1530 (stronger supply area)
POI (Point of Interest):
Zone between 1580–1610, where price previously reversed hard.
Current Price: 1428.92 (bounced after BOS with increasing volume)
✅ Trade Plan (Long Setup)
We’re now looking for a long entry, expecting price to potentially reach OB zones and POI:
⚖️ Risk to Reward
Entry: 1423, SL: 1395 → Risk: 28 pts
TP1: 1475 → Reward: 52 pts → RR: ~1.8
TP2: 1525 → Reward: 102 pts → RR: ~3.6
🧠 Confirmation Notes
You can wait for:
A bullish engulfing or reversal candle in the 1420–1425 range
Volume confirmation near BOS zone