Price was in a uptrend to an area where a bearish order block sits on the daily and weekly time frames. Additionally, there was a swing failure point from the previous range high to the current (area marked in red). Price may revisit the 12HR FVG with a bullish OB that sits right below it. Possible scenario - Price fills the FVG and may enter the bullish OB. The bullish OB also sits on the .50 fib from the range daily swing low to the current swing high.
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Current as of now, the move is happening. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.