1) Need to see price break above red line
2) Yellow line up the top invalidation point
3) Want to see an impulsive H1 solid close breaking the TL before taking sell
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H4 analysis of possible structures
If you took the last update TL break and flag on lower TF move to BE, price action is not looking impulsive to the downside.
Its looking like we are getting more complex correction on H1, Experienced traders can take the buy on TL break if the lime lines holds, if it doesn't hold leave it alone. It will only be a scalp up so move to BE ASAP and look for bearish price action above the red line for TP. Where C up ends is anyone's guess.
The larger Impulse is to the downside, This is the trade we don't want to miss!
We still haven't got a break above the red line so this is still not out of the question for more complex structure, scalping longs is only for experienced traders as you see in the last update, price broke out spiked up and came back down.
Upside for now is limited the larger impulse is to the downside so selling any bear flag is the best option in my view