Price action has broken the channel. I will now look for a retest to the channel bottom, and then enter a short position with the target of the 1.618 level of the fib. I have set a sell limit order in case this happens overnight. Stops nice and sort above line of resistance
Comment:
I am still in this trade. I reapplied my fib and stop once i had got the retrace. Now to hold to my tp