I expect a nice trade down to the channel floor - as always wait for the break of the current structure line before getting involved - I'm only looking for a short trade so if it goes long we have nothing to worry about
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Always wait for an entry set up before risking your money.
This is not investment advice - it is purely for educational and discussion purposes. Your Ideas, comments and questions welcome
Good luck Steve
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Finally we've had the expected break. Price may now make a slow move down with in the diagonal so expect price to rise and fall with in this range.