Typically the market tests a structure candle, which is marked in the blue box. That means that we can expect that the market will test the 0.60 area. Now we just need to wait for all the checkboxes of our strategy to be checked before taking this trade. Because the market can easily melt down a bit further before providing this opportunity.
Order cancelled:
No entry given. This meltdown is exactly why we wait untill all checkboxes of the strategy are checked.