Structure is clearly bearish on H1:
✔️ Lower High formed after premium rejection
✔️ CHoCH → BOS down confirms structure shift
✔️ Price reacting at 0.236–0.382 zone → weak pullback
✔️ Descending trendline acting as resistance
✔️ Red zone = active supply (distribution)
📌 What I see:
This is not reversal, it’s a pullback in a bearish trend.
📉 Probable path:
Rejection from current zone (4,460–4,500)
Continuation toward:
4,378
4,350
4,281 (major discount / OB zone)
⚠️ Invalidation:
Break & hold above 4,540–4,600 → bias shift