Price has reacted to the AC
X channel midline as well as the 78.6 XD
area, price looks to be coming back to entice more shorts but I think a double bottom
is in the works. I'm looking to target the top channel for a take profit making this a 6:1 trade but I will look to see how price reacts there before closing my position. Have place a generous stop below the 78.6 area.