Over 60% Chance for a downside movement

Multi confluences trade setup. All confluences are listed below

H4/H2
Strong downtrend

H1
Price below trendline resistance
BoS (PWL)
Order Block

M30
ChoCh
Pullback inside H1 Order Block
69% chance for a new BoS by the downside

Trade
Entry at Market price
Stoploss above the Order Block
Take Profit at the break of the last structure


Trend Analysis

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