Price has reacted to the AC X channel midline as well as the 78.6 XD area, price looks to be coming back to entice more shorts but I think a double bottom is in the works. I'm looking to target the top channel for a take profit making this a 6:1 trade but I will look to see how price reacts there before closing my position. Have place a generous stop below the 78.6 area.
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