Entry long w/ a market order. Reason, price had hit this area once previously ( see 4Hr below ) .. Price move very agressively back into this area its second time. Waited to see if we would get a solid reversal inside this 4HR and if we would get a deeper retrace ( KL talks about this deeper retrace regarding second visits into an area.. See 4HR ). If you look at the 30 Min you will see the a very strong "long" pin bar. This my indication to get long. Also by waiting this allowed me to structure my stop accordingly.
Exited at the Yellow line first stall point. Notice the yellow line shows a S/R area as well as a Supply area on the 15M.. Hit that area near perfect.
TP hit for 34 pips ..
Here is the 4HR second retrace..
Good trading to all
TSD