I would also include the various fib confluences and the
ab = cd measured move (purple) to provide
an area of Price Reversal. the closer these come together
the more harmonic and reliable they seem to play out.
It also reduces the risk with the short possible as high
as $50 which would be my target with help for a trigger
from the candlesticks.
Wishing you lots of pips in your pocket !!!!!!!!