Waiting to see if this bounces again off the lower channel boundary. If so, will look to open a long position once we have a suitable confirmation candle. This idea could take a few days to develop, will keep it updated.
Since breaking the previous lower boundary of the up channel, I believe we are now in the formation of a down channel. I'll be waiting eagerly to see how this develops and if we hit the top of the channel again, I'll be shorting the pair, hopefully for some nice profits. Will keep this updated.
