Price could potentially continue to trade bullish, react at either premium of 50% EQ or H4 supply level before targeting weak internal low.
Strong swing low is expected to hold, however, it would be worth noting the swing low must be taken as the weekly and daily TF's are both in pullback phase.
Intraday expectation: Price to target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish. -> Internal: Bullish.
As per expectation price targeted the weak internal high and printed a bullish iBOS
Price has printed a bearish CHoCH indicating, but not confirming bearish pullback initiation following bullish iBOS.
Intraday expectation: Price to either react at M15 POI or discount of 50% EQ before targeting weak internal high.
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