The 16 level is a clear line in the sand.
The R/R breaks down to 3/1. 22 being the target and 14 being the stop out level.
I would wait for a retest of the 16 level and see what happens.
The R/R breaks down to 3/1. 22 being the target and 14 being the stop out level.
I would wait for a retest of the 16 level and see what happens.