ah sorry, I wasn't impulsive enough to give my perspective on this trade setup, but we've had a sudden move to the upside, however, we rejected a key long term trendline as our 3rd drive, also 4HR candle spiked and closed below 53.00 as a shooting star, ideally if we could get further spikes into the highlighted region we could enter for short trades to the targeted D extension which is at a key psychological/support level.
-Risk reward is great as usual with a 1:4 ratio
-Risk reward is great as usual with a 1:4 ratio