Potential Sell to Catch 4H pullback
Updated
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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