Wait for confirmation of pullback 1. Enlarge short positions @ 56.45 level 2. Pullback likely back to channel line 3. Target TP @ 52.85 level
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Price level now back within channel line 1. Taken some profit for positions shorted @ 56.45 - 57 levels 2. If day resistance of 56 holds, support level likely to be tested next week 3. If 56 doesn't hold today, be prepared to see higher price levels till end of Nov