Bouncing off this descending channel. Confluences would be retracement at the 38.2 fib level, price in a supply zone and SMA acting as resistance.
Trade active:
Trade active: 35 pips from 38.2 fib level and counting
Trade active: 35 pips from 38.2 fib level and counting
Trade closed manually:
R1 Pivot turned support. TP taken