#ES1! Hourly Chart

Hourly order flow is upward, but the high time frame is still running a bearish structure.

After the US stock market rebounded last night, it hunted upward. However, it was still suppressed by the entire bearish dynamic VWAP lower edge.

The view here remains that as long as the breakout stands at 4034, which is 1H OB above, then the downward structure will be destroyed, and we will see a test above.

Otherwise, we still look at the downward structure, with the target below 4H OB 3900. #cryptotrading #PA