AU, 15M-OB
Price tap into 4H POI and complete the trend change in 1H & 15M TF, it is now in bearish.
From the chart, we can easily spot 2 valid OB. The reason I didn't take the most recent OB is because that is a level of inducement, and it's not formed with a clear structure high or low. Therefore, I conclude that this OB is a weak OB that price could easily break through. This level will become the liquidity and price may grab it before it goes further down.
The TP will be the next significant level OB.
From the chart, we can easily spot 2 valid OB. The reason I didn't take the most recent OB is because that is a level of inducement, and it's not formed with a clear structure high or low. Therefore, I conclude that this OB is a weak OB that price could easily break through. This level will become the liquidity and price may grab it before it goes further down.
The TP will be the next significant level OB.
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