(I know its not the neatest chart because the overall setup is based on higher timeframe) anyway, I think if price closes above 7521 on 1h, price could retrace to 7606 before it melts down.
Trade active:
if you took this one exactly according to my analysis,you suppose to be still in the trade and on profit, almost stopped out but if you looking at my key level that i have on 7780, i kind of predicted stops hunts up to there so hence my SL was just above that.
Trade closed: target reached:
lol first trade is a success, despite almost being stopped out. second one still in play, so lets see.