The context is still bullish as the previous low in the recent uptrend was not broken. A strong red bar indicating panic but still maintaining the context is bullish for me.
Long 7k, target between 7.3 and 7.45 on a swing back. Stop just below prior swing low around 6750.
Based on the price action of this recent move up, I'm going to assume this is a pullback and get long again small around 6800, price has managed to bounce up from previous swing high tests recently. If it breaks I'll do my best to scratch it, then be trading from a ranging rather than trending context.
Taking the small loss or scratch on a pullback to the...