Now that price has closed the gap sitting at 4046-47

- Expect the Hourly timeframe to recover and give us a retracement to the highs and liquidity area of 4078 - 4089

Very simple set up on the hourly time frame.

- Wait for 1 - 5 min engulfing candles
- Right now we will need 2 consecutive bullish 1Hr candles to close above 4054 (100EMA) and 4068-70(Daily EMA) respectively. If it happens in a single 1 hour candle because of volume, even better.
- Retest and continuation to the levels mentioned above.


*** IF THESE CRITERIAS ARENT MET TRADE IS NOT VALID AN MORE DOWNSIDE SHOULD BE EXPECTED***

***THIS IS NOT FINANCIAL ADVICE***