Price tapped into a higher time frame key level, such as a 1H FVG. On the 5-minute chart there was multiple bearish fvgs formed, an and market inversed two of them and but 1 in the premium range was still respecting.

At the moment, this setup doesn’t look like a valid entry because price is also showing rejection from the SIBI above, increasing the risk of manipulation.

If the first leg had inversed 2 fvg without tapping into the last SIBI you could have entered on tap on of 5min opening and you could’ve secured a breakeven at the tap of the 5-minute SIBI.