Price drop back to previous low, could be a before a strong rebound, but if price drop through this , further low towards the next below.
Trading the S/R Zones for 4 Hour Chart
(4 hour chart for weekly entries of buy and sell.)
All S/R Zones has power to reverse the trade, but once broken with a closing candle will become Resist zone, and Resist zone will become .
Only trade when levels in zones are touch for the first time with a 1 hour candle to confirm the reverse.
Do Not chase price, let the price come to the S/R zones before entries.
S/R levels between zones can be use as Take Profit or stop lost location.