Of course all this hinges on the fact that we get renewed bullish momentum above the cloud support. If not the "setup" is cancelled and we wait for the next 4 hr candle to give us further insight.
Order cancelled
⋅
The trade was cancelled due to no rally above the 105.57 level. This is why I only trade on momentum. You either have the momentum to "trigger" your entry or you don't. On to the next setup.