Channel is still in play (as pointed out in previous published idea)
- If you are short possible opportunities to add to your position using the downward trend line that looks like its is establishing - follow that to the bottom of the channel
- when and if price reaches bottom of the channel opportunity to close short positions and go long if price bounces off lower end of the channel
- If price closes below channel then good opportunity to go short again or if short positions are still open even add to your position
- If you are short possible opportunities to add to your position using the downward trend line that looks like its is establishing - follow that to the bottom of the channel
- when and if price reaches bottom of the channel opportunity to close short positions and go long if price bounces off lower end of the channel
- If price closes below channel then good opportunity to go short again or if short positions are still open even add to your position