The movement of the price from the 4-hour time frame shows the possibility of further price decline. In this 1-hour time frame, I consider two scenarios. I marked the areas of possible downward price rotation with white circles. and price movement with white arrows.
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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.