Due to the price rejecting off the 4hr hold level yesterday, the price was looking for the opposite 4hr hold or break level today. Since the 4hr hold level failed to hold the price, that sent us to the bottom of the leg of the move. This gave us our first touch of the 4hr break level, which 90% of the time is going to give price a strong rejection.
This gave us a strong reaction, turning the break level into an origin level(super important levels, that hold through time) sending price back above the daily trend line.
With that major rejection of the 4hr Break Level, price bounced back above the daily trendline.
This makes me think that the price is looking for the opposite 4hr Break Level or hold level on the topside of the chart.
If price fails to hold on top of the daily trend, I fully expect my bearish scenario to play out. Which would be a test of the daily hold or the daily break level on the bottom side of the chart.