The might might not shoot to the downside before giving out the 3rd touch on the bigger structure because lower time frames might be over written by higher time frames, If the market anticipate the 3rd touch, I'll be looking Reversal structure and the continuation on the lower time frame confirming the direction of higher time frames
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.