Daily: Price is in a clear downtrend, making LL's and LH's
Below 50 & 100 EMA.
4H: price has broken Daily and 4H structure to the downside, came for equal highs.
Below 100 & 50 EMA.
1H: Price is in a down trend, breaking 4H structure, below both 100 & 50 EMA,
Assessment: wait for price to pullback to at least 0.382 fib level, which also has a level of IMB.
Below 50 & 100 EMA.
4H: price has broken Daily and 4H structure to the downside, came for equal highs.
Below 100 & 50 EMA.
1H: Price is in a down trend, breaking 4H structure, below both 100 & 50 EMA,
Assessment: wait for price to pullback to at least 0.382 fib level, which also has a level of IMB.