2. Look at the surrounding candles as well. How are they shaped? How do they look in general? Are they having an avering span? Do some candles exceed the average span? Are they more bearish/bullish?
3. Take time drawing SR lines in advance. Switch to Line Chart, see where the closes are. H4, drop to H1, adjust. Trade M5.
I have now taken my time to draw the SR again.
They are now different to my intial ones, but also different to yours.
H4 SR Lines
H1 SR Lines
Finalized M5.
The trade itself still looks good to me now - there were tails (showing buy pressure) but also wicks (showing selling pressure). Strat Shadow still trending down rejecting price. Hammer in comparison to the set up candle much smaller. The only thing I don't like is the candle before my set up candle. Showing a hell of buying pressure.
I will now compare several M5 sample trades in here to see what may be wrong with my trade.
Edit: addon to consider - never trade on boxing day. I read that you, Strat, are not trading from mid Dec to mid Jan - or at least with lower position size exactly due to those lesser liquidities in the market and the big boys are off.
Accept the risk!