After the Fibs and channel has been rejected the selloff could be just around the corner. However it is better to wait for the confirmation in order to get into the short trade.
Comment:
As there was a spike on 4h chart, now in order for a sell signal to be triggered 4h candle has to close below that spike, i.e below 0.7219
Comment:
Sell signal triggered
Trade active:
All according to plan, price should be starting to move lower
Trade closed manually:
Trade closed with small loss, expecting continuation of an uptrend
