Not with WR1 so close. WR1 will be targeted by the BEARS and my guess is that they will wait there to lay their ambush. Its only 30 pips from the to WR1 and a move by the BEARS if they come in too soon will falter.
I expect price to be met with resistance at the and we could see a few hours of sideways movement before the BULLS make for WR1. Thats where the main SELLERS will be. I'll watch the battle on the smaller time frames and either enter the market if it looks like the BULLS are retreating or come in at WR1 if my indicators give me the green light.