DislikedNot sure just yet, I will watch PA as it approches the level to see if there is any visible interest in taking out the level. If it seems buyers are in control I will buy the break otherwise I may wait for the old Ross Hook break, retrace and then buy the breakout of new point 2. If I buy the initial break I will use point 1 as SL to give this trade some room.
We are also getting close to close of US session and London is already gone so PA could be slow anyway.
If the break doesn't happen within the next 1 - 1.5 hours I will call it off...Ignored