I believe that price is retracing bearish for its 4H higher low, in the meantime, intraday swings on a lower timeframe must correlate with becoming bearish. The 1H has already began creating lower lows and a lower high. I will monitor to see if price creates a higher high of gets rejected at a key neckline, resistance, trendline, and reversal area. There's a lot confluence in this area.
Currently price is relatively close to breaching the bearish correction, indecision is needed, along with volatility and indecision or a reversal at a key area.
Currently price is relatively close to breaching the bearish correction, indecision is needed, along with volatility and indecision or a reversal at a key area.