Taking short if price shoots the fakeout, SL protected my channel and resistance, it could just drop from here but the market makers love to get all the dollars they can, if they break it out more traders will jump into this pair and they know this. I see good probability here.
If we see the move down Ill be entering long with SL protected by support and trendline.
Long, be careful as channel is already exposed but still bullish based on volumes and COT data.
Banks push price down and taking profit from big shorts positions and are accumulating on the lows I can see from volume and COT data.This is my position.