Here's the second chart. If you weren't in from the previous 35/50, you would have been looking to take this one short because of the strong green candle that closed through both MAs.
Personally I took a short after the red pin and closed it out for a few pips loss. Being at the top of the range I saw this as a good R:R trade and I would take it anytime. I think the most important thing is to notice how price reacts right around this area. Even after price managed to get above the 35 pip point from where the 35SMA was when the signal candle closed, it has yet to close 35 pips above where the current 35SMA is. We're also right near the 50MA on the 4H, a TL, S/R, and the weekly pivot so of course I'm still looking for a short.
Personally I took a short after the red pin and closed it out for a few pips loss. Being at the top of the range I saw this as a good R:R trade and I would take it anytime. I think the most important thing is to notice how price reacts right around this area. Even after price managed to get above the 35 pip point from where the 35SMA was when the signal candle closed, it has yet to close 35 pips above where the current 35SMA is. We're also right near the 50MA on the 4H, a TL, S/R, and the weekly pivot so of course I'm still looking for a short.