Stop hunt on the daily TF: Price went up to touch Daily OB (white rectangle) and immediately fall breaking structures creating HL and LL.
4HR: Price created a distribution channel near Daily OB and it went up and touch the Daily OB b4 going down immediately.
1HR TF: Price created a small distribution channel in the 4 HR Distribution channel before going lower breaking all structure points.
15 min Redistribution Channel: Price created one last redistribution channel, before going down breaking all important uptrend structure points.
Price might retrace back to the 15 min redistribution order block and go further down as currently it looks over sold.
TF = Timeframe
OB = Order Block
* This is for my reference on my analysis.
4HR: Price created a distribution channel near Daily OB and it went up and touch the Daily OB b4 going down immediately.
1HR TF: Price created a small distribution channel in the 4 HR Distribution channel before going lower breaking all structure points.
15 min Redistribution Channel: Price created one last redistribution channel, before going down breaking all important uptrend structure points.
Price might retrace back to the 15 min redistribution order block and go further down as currently it looks over sold.
TF = Timeframe
OB = Order Block
* This is for my reference on my analysis.