4H: Price is in a clear downtrend making Lower Lows and Lower Highs.
Supply is in control currently.
Assessment: wait for price to return to the POI or supply zone and then wait for LTF confirmation for entry model.
Price may return to the IMB and then continue the fall, or return to the POI. alternatively, price may fall straight through and then we should wait for a supply zone to trade off the continuation.
Supply is in control currently.
Assessment: wait for price to return to the POI or supply zone and then wait for LTF confirmation for entry model.
Price may return to the IMB and then continue the fall, or return to the POI. alternatively, price may fall straight through and then we should wait for a supply zone to trade off the continuation.