We get a pullback to the 618 level, we are looking for a third bearish leg to the 1272 extension level. Entry on the break of the upward channel. But, was a bit late on this. This is a purely technical setup and will be holding this into the Asian session.
Entry: 161700 Stop loss: 161876 Take profit: 161214
Will be trailing stops to Break Even at the break of the lows.