Short term traders can decide entries within range of falling wedge.
Swing traders must wait for breakout of major zone.

High probability of continuation of bullish trend after breakout of range.

In m30 short term trend turnd bullish and currently is moving near Minor H4 level.

Possibility of rejecting price from minor level
Major level is quite close to minor level.
There is potential to reach major level.
There are high chances of rejection from resistance level of H4 falling wedge.

Forming internal structure.
Overall perspective is bullish.
Daily chart has broken weekly resistance and structure shifted to bullish.
Weekly chart is bullish.
Market has broken trendline
and tested recent low and faked out support level. Currently testing breakout level and moving in range.

Final Words

Currently market is moving in no trade zone
Evidences
Evidences
1. Move in range
2. Internal structure formation
3. Timeframes not aligned
4. Multiple rejections from resistance level

FORMATION OF H AND S PATTREN
POSSIBLE SCENERIOS
POSSIBLE REJECTION FROM MINORLEVEL
POSSIBLE REJECTION FROM MAJOR LEVEL
M 30 CHNAGED STRUCTURE
IF MAKET CONTNIUE TO FORM FALLING WEDGE PATTREN, WE MAY SEE BEARISH MOVE
THIS WILL BE VERIFIED IF WE SEE MSS IN M 30 ATER REJECTION FROM RESISTANCE ZONE

H4
CURRENTLY MARKET IS MOVING IN TIGHT RANGE
PREVIOUSLY MARKET FAKED OUT MAJOR SUPPORT LEVEL
FALLING WEDGE FORMATION
AT BREAKOUT WE WILL PLAN BUY POSITION

DAILY CHART TRENDLINE BREAKOUT
CURRENTLY RETESTING BREKOUTZONE
FALLING WEDGE FORMATION IN H4
REJECTING FROM RESISTANCE ZONE

IF WE LOOK AT BROADER VIEW OF CHART , WE CAN SEE H4 IS ALSO IN UPTREND
CURRENTLY H4 IS IN CORRECTIVE WAVE PHASE
MOVE IN INTERNAL STRUCTRE
MULTIPLE REJECTIONS AT H4 LEVEL
LOOKS LIKE MARKET FORMING ROUNDING TOP [BEARISH INDICATION]

DAILY CHART
BRAKOUT OF WEEKLY RESISTANCE
BREAKOUT OF TRENDLINE
CURRENTLY RETESTING BREAKOUT ZONE
POSSIBILITY OF RETRACEMENT UPTO FVG OR OB ZONE

Daily chart
MAKING INTERNAL STRUCTURE HIGHS AND LOWS
FALLING WEDGE FORMATION IN PROGRESS
CONSOLIDATION IN RANGE OF FVG

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