The area also lies on a strong previously tested price of .
On the lower 1 hour time frame we can also see strong divergence taking place.
Stops are going one ATR above previous structure, with targets set at a of the C to D move.
The reason why stops are set here is because I want to follow a conservative approach in this trade. Price action has been setting higher highs indicating bias, plus a 0.618 target would mean that price action would have to break below numerous support levels.