|5 minute candle chart of /tf reveals all|
And as an additional note: Here's what I should have been focusing on. The early ramp in /tf led straight to the current resistance area...
Once the market broke down... it went straight to the very lows of the European session for a full rainbow... This is natural action in a bear market.
Always start with 5-minute candles or wider before moving to 1-min candles. In fact, it may be that one could successfully trade with only a 5-min candle chart.