Reason for the trading strategy (technically):
Price has since broken out of our but is testing key resistance at 0.7283 ( , horizontal overlap resistance, , price action). We remain for a further push down to at least 0.7188 support ( , horizontal pullback support) from here largely because has not made a move above our 51% yet.
(55) remains below our 51% resistance meaning we should maintain our bias. It’s important to watch for the break above 51% to signal a possible recovery.