If you have been following on the Instagram channel, you shorted quickly when we saw that huge daily wick. I personally entered @ 1262. We are making a lot of pips right now.
As for this chart, we are looking for either a bounce off the bottom of the channel or a real hard break to the downside. PA is key here, we will watch this carefully.
Don't forget to follow on Instagram @ScottMescudiForex so you don't miss out of easy trading opportunities.