See AUDusd 1hr T.F

Now you can see what is happening. We went short when the piecing candle opened, we hope to get 40 pips from this trade. Why we took the trade.
1. The trend is down 2. The trend line channel acting as resistance was well respected as support  and is so strong resistance as the price is unable to break it.
3. The number 1 rule in Forex is follow the trend

With these three factors there 80% probability of its returning to the south upon reaching the LPR

See You Later.