LONG LUNA approaching untested demand zone and H&S complete

Background:
LUNA confirmed a H&S pattern on 21 Jan. with a failed reclaim in the following candles. Target when measured by percentage is $37.74. Target has confluence with a 3D demand zone which preceded an impulse move on 28 Nov.

Strategy:
1st long entry at start of demand zone ~$45.06 with a target at 1D supply & minor line of resistance ~$62.78. SL below 3D demand zone
2nd long entry at H&S target ~$37.74 confluence with bottom of 3D demand, target Jan.27 low. SL below mid-Oct. lows
R/R 2.24 and 4.23 respectively

Invalidation Scenarios:
Daily close above 23 Jan high followed by a higher low above current local lows suggesting a change in market structure

Commentaire:

Market closed ~$50.75 at ~0.75. May regret later, but not liking the LTF PA with $ES1 rejecting off the Fib. golden pocket (measured from ATH to recent local low). I'm approaching all longs with caution until proven otherwise on HTFs

Looking to re-enter if we sweep the lows at $44.17 and $37.74 with a tight SL below the demand zone