1. HH is broken, creating a new HH (BOS)
2. HL couldn't hold the uptrend, creating a new LL (CHoCH)
3. The price will now test the 4H OB and supposed to bounce back from the OB.
4. This creates a good Short opportunity from the 4H OB.
2. HL couldn't hold the uptrend, creating a new LL (CHoCH)
3. The price will now test the 4H OB and supposed to bounce back from the OB.
4. This creates a good Short opportunity from the 4H OB.