Price tapped into the 4H supply zone and gave us a 1H CHOCH signifying a change in trend to the downside. In the process of retracing back to a supply zone, price started ranging, generating liquidity above and below. On the 1H there’s an unmitigated 1H order block Resting on a supply zone which the price will likely sweep out the liquidity above to mitigate before making it move to the downside.
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