Now "that" is what you call an Algo tick-save...

A touch is not a breach... That sell off went to the Wave-1 high to the tick. If you think that's a random event... you do not understand who or what you're trading against. As long as that Wave-1 high holds, this market remains in a bull trend. This is a nice place to be a buyer as your stop is so very close. Always better to have the market tell you when you're wrong rather than your bank account. When you can get into a trade like this, with such a low risk and high reward, ya gotta get in there... Hesitation, adds risk!