Price tapped into a 4H supply zone and gave us a CHoCH in the 1H TF indicating sells are taking over. Perhaps retracing to a 1H demand zone before the Buys take over. After the CHoCH price started retracting back to the a 1H OB that caused the CHoCH. It will either respect the 1st OB or the 2nd OB.
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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.