1. Price reacted pretty well from a monthly demand .
2. We then saw a daily CHoCH which is a 4H BOS . After a break of structure we're expecting a 4H pullback into discount pricing .
3. This can only be confirmed after a 15M trend change .
2. We then saw a daily CHoCH which is a 4H BOS . After a break of structure we're expecting a 4H pullback into discount pricing .
3. This can only be confirmed after a 15M trend change .
Note
price formed another lower high , expectation is we wait for a CHoCH on the lowest pointNote
Now we've seen a 4H CHoCH which is a 15M bos, price has now switched bearish, we can start looking for shorts nowNote
a risk entry , the supply used was not so impressive but held
Note
now expecting the 15M pullback to start
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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.