We have broken the HH, the most recent structure and
mitigates the marked area and returns to the downside.
We note that the price has made several
Complex Pullbacks (CPP) and refers to the 2h OB.
One of the options that the price can make when reaching the OB is:
1- Complete it at 50% or 100% of the OB and change direction upwards.
2- Break the HL and continue down.
If the 1st option is met, we will search for TP1 and TP2.
mitigates the marked area and returns to the downside.
We note that the price has made several
Complex Pullbacks (CPP) and refers to the 2h OB.
One of the options that the price can make when reaching the OB is:
1- Complete it at 50% or 100% of the OB and change direction upwards.
2- Break the HL and continue down.
If the 1st option is met, we will search for TP1 and TP2.