We are in the midst of a large retracement on the 4h timeframe and expect price to go all the way up into the 1) premium price range where there is a 2) sizeable fair value gap that lines up perfectly with the 3) Fibonacci Golden Zone and also an area of 4) Support/Resistance.
We expect a continuation of bearish price action, so we look to target beyond the latest low created on the 4h.