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All red lines are custom auto drawn indicator lines either warning/reaction lines. Coloured lines are ML's.
What you see here is a classic pattern i have seen repeated many time of price moving through a set of reaction lines. The difficult thing is to find/judge a trend strong enough to be dependable/directionable and not fickle or weak. The intial stop was 7.5 pts. The obj is upto/above/break over 1.3500 and a the CL there ( not visible here).