AS YOU CAN SEE THE CHANNEL IS IN LINE WITH FIB RETRACEMENT LEVELS IN WHICH I BELIEVE PRICE SHOULD COME BACK UP TO THE FIB 38 RETRACEMENT BEFORE MOVING DOWN TOWARDS MY TARGET.

DETAILS ON CHART.
FibonacciFibonacci RetracementParallel ChannelTrend LinesusdcadshortUSD (US Dollar)

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