The parallel channel
is still valid and the price now almost reach point F where FIBO 0.786@XA and structure resistance
is located. I will look for a short-term short opportunity at there but with a smaller lot size since it is counter trend trade.
TRADE IDEA :
SELL AT NEAR 98.60
SL : 99.10 OR WHEN CANDLE BREAKS THE UPPER TRENDLINE
OF UPTREND CHANNEL
TP : 97.50, 96.30