I am taking this short dispite the quick snap back up to supply because this are has good structure, is in line with my rules, and made a new low under the old areas of demand. the V that this price has created is a little scary, but it still follows my rules.
Comment:
Looking at this trade, it is still holding up but it did violate 1 rule in regards to volatility. So I need to identify why I chose to overlook that rule regardless of the result of this trade