Lets have some pullback here. The price has hit 4h resistance zone. I would not consider it that strong, but still for the time being it is going to be enough effective to push price down to the next support level 1h support. Let the price come there and we will see where we go from there.
Trade closed: target reached:
So the price hit the target. As expected and shared in the post, price was pushed back to the 1h support area. The short can be closed here as there is a potential of bounce from here. I will observe the price action for a while before making a new assessment. But as mentioned, there will be some bounce here.
