almost live trade

If the last bar closed well enough below the preceding bar I would have taken this trade live, so instead I took it on demo.

Pros

Area has strong prior support turned potential resistance.

The setup bar ranges are large in comparison to environment.

With a long term down trend.

Approximately pierces the 50% retracement, tipping the 61.8%.

Pierces the minor round number of 1.6500.

Cons

No divergence.

Not a DBHLC, not even a true outside bar.

Preceding swing high in the way of having good space.