Some people call this testing support.
I see it as getting you out of you entries.
Because this has happened so soon after the recent 200 pip drop its a strong sign to me that the downtrend may soon resume.
Unless the more experienced traders can explain what i see as testing obvious short entry points?
The last major high i have as 3750 currently the high 3660 thats a 90 pip drop how close to 3750 would determine how strong the down trend is now?
making green pips large and red pips small this is my goal.