HTF -> in a descending channel in the daily TF... 4H TF market bounced from the HTF channel, but corrected and broke to the downside, indicating further bearish momentum.
LTF -> Price has corrected as an ascending channel and it seems to me that it is going to continue further down, however the bottom of the HTF channel is very near, therefore precaution should be taken once the market reaches there, since the HTF levels are stronger we should be aware of that dynamic level.