Price has hit a reversal point on the daily. On the 4H chart, price has been making new structure highs whilst making 3 trendline touches (but not closes below) Price has recently retraced into a recent level of structure support. Price also retraced into the 382 Fibonnacci level. Price rejected at recent support and entered into a descending channel. Entered on the bullish pin bar. Stop loss set 1.5 ATR below entry Take profit set in consolidation area