D1 --> uptrend. Price in control of Supply zone.
H4 --> uptrend broken. Price created new Supply zone with very good imbalances with two ERC candles.
Potential short trade if price retrace. Lower risk because countertrend trade.
Potential short trade based on strong drop of price watched on D1 chart with removing 3 old valleys.
Price retrace and created new impulse down, so I will try to catch it if it will retrace to pointer level.
Normally will open trade after price back to Fibo 61,8 % but this time try deeper.
After price broke trendline and remowe opposing supply zone on Monthly timeframe I still waiting on price to back to those Monthly/Weekly Demand zone. Price is week to week closer so I will patient observe that zone to trade long with profit on about 1.085 if price dont create on way down next LH.