AI breaks out of downtrend. Typically here when we have a strong downtrend this type of false breakout will hit the 161 of the bottoming swing and then reverse.
It's subtle, but this slightly missed the 161. I find when this happens the best trade tends to be buying on the 127 spike out and targeting the 220 - 261 fibs.
Fairly tight stops on this. It should not give too much trouble if it's working. If it's trouble, it's probably not working.