Based on 4H Structure, there was a failed Supply zone which caused a break of structure thus forming a 4H high. There we have a counter trend market that's currently bearing seeking to test the 4H Demand Zone.
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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.