This was formed from a breakout of the previous UP trend channel and already bounced off of the weekly S1 pivot line to retest the bottom of the previous trend channel. This forms the top and bottom of the next down trend.
An early TP opportunity would be at the S1 level when it touches again incase of another bounce.
An early TP opportunity would be at the S1 level when it touches again incase of another bounce.
Trade closed: target reached
Still looks like more to go.