I think can exit this and after a reset of the 4hr, make people just panic a bit and question the entry, and then it will inject and be the fuel. Either way it would be bad buying here for the first time and average down if it happens since the C could finish a bit deeper, and unless the fundamentals completely fall apart.
If fundamentals are released and enforced though and news comes out soon, it can definetly ignite such quick next cycle in this. If not then this incoming will be used as an exit and for the bleed to continue after a 4hr cloud denial possibly until we retrace to 0.883 or lower.
Buy zone would be bottom of the cloud, stop loss would be under the 0.786 and look to rebuy lower when market decides what it wants to do.