As I was writing that last post:
Concerning that new downtrend line, price has come back almost 30 pips or so after hitting that new trendline. Here's the 5min and 1min when that area on the 4hr was hit again. I tried to draw the trendline on the 5min as close as I could to what I have drawn on the 4hr. This could just be a pullback on the 5min but it's interesting that it happened right at that trendline.
Concerning that new downtrend line, price has come back almost 30 pips or so after hitting that new trendline. Here's the 5min and 1min when that area on the 4hr was hit again. I tried to draw the trendline on the 5min as close as I could to what I have drawn on the 4hr. This could just be a pullback on the 5min but it's interesting that it happened right at that trendline.