I thought I had this idea before but somehow it didn't post. Trade void should price close below 67. Today already gave a few entry opportunities. There may or may not be more tomorrow.
Comment:
So far bears have won pushing price below 67. Major stop run all the way back to 66.2. Buyers need to step in now or much more stops could be triggered below 66. An intraday stop loss at 66 is necessary and setup will be voided by end of day unless a solid bounce emerges from 66.2.
Trade closed: stop reached:
Stop reached. But there's positive divergence on hourly chart at market structure. Will look for reentry.