Price printed a bullish iBOS followed by bullish BOS following the Fed's dovish outlook on interest rates last week.
Price printed a bearish CHoCH, indicating, but not confirming, that pullback has initiated. This is also a requirement for all HTF's
Due to the size of the internal range I plotted sub-internal range, which is denoted in red, to gain a micro-view of price action.
Sub-internal structure has now switched bullish in-line with internal and swing structure. Sub-internal structure has printed a further bullish iiBOS.
Intraday expectation is for price to pull back following iiBOS to either M15 POI or 50% EQ of the sub-internal structure before target weak internal high which is denoted by blue dashed line.