Entry comments: 3 levels of drop seen from 0.6610 to 0.64635. Price has exceeded its ADR through Asia today moving 66 pips and exhausting at previous liquidity. Great amount of sellers enticed with this move, with the goal being to trap them at the low of 0.64635 by making the bullish (anticipated) move. Buy at logical R=S

Exit comments: If price stalls during London, that doesn't at all mean its not going to do anything for the few hours ahead. NY moves pairs and 15:00 - 19:00 holds major moves. Good play.