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Price broke the 4H TL and now I am expecting a potential bigger retracement to the Daily zone drawn and price should respect this if it plans to continue moving BULLISH, if price falls below the level of the Stop Loss, then the Buys get invalidated.
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As mentioned in the graphic, if there is a strong rejection of the Trend line, it will form a new Lower High prompting confirmation of the new Downtrend in the 4H chart
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