If we take a look on the daily time frame we can clearly see this is a level to be interested in. The past 4 times price has reached this level we have seen it react and go back on itself. Each time this has happened if you take a look at the stochastic below you can see that this has added confluence to the idea and then gone the opposite way as well.
Depending on how we look on the London open, we can look to get into a sell on this and ride it down back to the trend line.
Depending on how we look on the London open, we can look to get into a sell on this and ride it down back to the trend line.