Swing High Formed . OF Bearish Price will mitigate the Gaps and Range below.
Price is in Premium of 4Hr Swing and has taken Liq above Previous Day high & has tapped the 4Hr Supply Zone.
Price to Sweep Liquidity , Reach the HTF POI and Reverse.
Price to aim for Buy Side liquidity first and either Reverse from Breaker Block after filling the FVG, or to go higher and reverse from Wick, to realign with swing structure & target sell side liquidity.
Price to Sweep Liquidity and hit the HTF Order Block and reverse to the downside to target Sell Side Liquidity and FVG down below.
Price might reverse from any of the 2 POI Zones.... Extreme one is more probable, as it has enough liquidity / inducement. Also there are liquidity points( equal lows) below POI, hence keep SL slightly below equal lows, considering the liquidity to be grabbed.
Price is expected to drop after mitigating Extreme Order block or might go up to grab liquidity and fill the FVG & then drop.
EUR USD has reached in extreme premium, It will mitigate the order block and fall.
AUD USD Pair is in Extreme POI zone... High chance it will drop down ... to Grab the Liquidity down and break the structure.
Price is already in the Premium Zone. It should enter the Extreme Order Block and realign with the Swing Structure. This has good R:R.