"I decided not to enter when it got to the 30-34c range just for a punt as I felt it was still risky. Now the risk is more than doubled what it was at 30-34c."
The risk was much higher in the 30-34c range. The volume was much less then. I waited to see high buying volume before entering. If you look at every rally in the past there was not the volume to maintain the up trend.