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Down, the initial high monentum move down changed character, along with the increased volume at the high it indicates sell order accumulation and a potential reversal. The initial bullish move also had no major spikes in volume before it happened indicating a fake out.

Down, it goes with the trend.

Yes, it’s a valid entry from a supply zone.

Down, this high momentum move down already gave us a shift in structure. The volumes spikes at the high adds confluence to our bias.

Yes, the momentum doesn’t matter, price will always respect the trend. High momentum moves are usually fake outs deisgned to trick people and grab liquidity for the real move.

No, there was clear reason as to why the price consolidated where it did and this push down broke multiple structure points indicating a shift in bias.

Yes, it shows a clear respect of our demand zone and it aligns with the trend.

Box 1 gave us a change of character and an accumulation of volume indicating a reversal.

Reversing higher. Price changed character along with big volume accumulation which supports our bias.

Yes, it goes with the trend and it’s a valid entry at the recent supply zone.