We shorted this pair earlier and took profit before correction. (the link to earlier trade is mentioned below)
I think the corrections is over and our indicator signal still stands.
Shorting based on :
1)Signal generated at the top of channel
3) we are about to break a trendline
Short active once we break both trendlines, purple and dashed yellow.
to be on the safe side, wait for a candle to close below the 2 trendlines in 4 hour time frame.