Hi guys,
I don't know about you, but I was a bit surprised to see this recent turn of events. This got me to reevaluate my methods and be more vigilant than ever. For one thing, I have gone back to basics - fib retracements and channels.
NOTE: even though the long position is 2:1 at the moment, there are plenty of resistance levels to be breached before level (1) has is reached.
p.s. as always, just an idea...