We need a correction

63 0 3
We are still in a downtrend. Even if in the hourly scheme the trend is still up this looks like it is coming to a halt now. So watch out for a continuatio of the prevailing downtrend or for a downward correction at least.
Trade closed: target reached: No, the target is not reached yet, but we reached the channel floor and as te target is close I prefer to take the profit now.
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