4hr view of price at minor demand. 4hr supply sitting above in more reasonable zone. If price breaks this minor demand here it will go to next demand area right below. I suspect it will retrace to 4hr supply first.
- Price may break this present demand - when looking above to see if it is feasible for price to get to supply - we can see there is two smaller supply areas in the way which are blockers for price to rise. On another note the smaller the timeframe you can go to narrows the supply and demand zones significantly allowing a better entry and limiting the risk if the trade fails