invalidation area expectation is a test of 18.25 .
Mkt is currently retracing towards 16.00 broken
which is likely to now become support.
A continuation setup is forming offering traders a
1.5:1 reward to risk if entering long at beginning of .
More conservative traders can watch for their particular entry
signal as price enters the 16.00 general . Traders
who require a larger reward to risk may wait for a deeper pullback
and enter closer to the invalidation point, thus increasing the reward
to risk ratio.