The price retraced from the 4h resistance as marked on the chart as the final target of the last long trade. Now the price is again at the hourly support and expect the price to bounce here . The bounce is actually already taking place while I am writing this. Target marked on the chart for this long trade.
Trade closed: target reached:
We were I think a bit impatient and longed early. I could see it hitting daily support before bounce but relied on low time frame support. Anyways, this worked out well but the entry could have been better.