HIGH TIME FRAME STRUCTURE
1) H4 shows an a new HH formed breaking previous LH
2) Price make sudden bearish move to downside after hitting a significant resistance (4th touch)
3) Lead to retracement move to in new bullish trend
LOW TIME FRAME STRUCTURE
4) On H1, new support 1939 level formed by the market (could be an inducement to induce early buy into the market)
5) Expecting price to run on bullish mode after sweeping liquidity below support
6) News Unemployment Claims on Thusday 8/June/2023 may affect price to go higher
7) Planning to buy below support level 1939 (Liquidity sweep) with rejection candle as conformation
1) H4 shows an a new HH formed breaking previous LH
2) Price make sudden bearish move to downside after hitting a significant resistance (4th touch)
3) Lead to retracement move to in new bullish trend
LOW TIME FRAME STRUCTURE
4) On H1, new support 1939 level formed by the market (could be an inducement to induce early buy into the market)
5) Expecting price to run on bullish mode after sweeping liquidity below support
6) News Unemployment Claims on Thusday 8/June/2023 may affect price to go higher
7) Planning to buy below support level 1939 (Liquidity sweep) with rejection candle as conformation