H4 - Until the uptrend line holds, we may expect the bullish momentum to continue and the price to move higher further.
H1 - We have two critical zones and the price has reached the first critical zone.
Until this zone holds, we may look for bullish evidences and then start looking for buys.
Alternatively if the price breaks below this zone then the next area to look for buys would be the second critical zone with bullish evidences.
Invalidation: If the price breaks and holds below the H4 uptrend line then this setup will be invalidated (false breaks can be neglected).
H1 - We have two critical zones and the price has reached the first critical zone.
Until this zone holds, we may look for bullish evidences and then start looking for buys.
Alternatively if the price breaks below this zone then the next area to look for buys would be the second critical zone with bullish evidences.
Invalidation: If the price breaks and holds below the H4 uptrend line then this setup will be invalidated (false breaks can be neglected).