As you can see, the price just cross the resistanse level of channel. But also we can see the zone of interest near the support line (red circle). If the price will exit the channel and go up you should wait for a best short signal I mean you need to wait price near 1.17500 because it's a strong resistance level on a round number. We also can see the Fibo level on 0.382 which is matched with our resistance line.
So you can wait for a best goal or close your position in parts at the resistance levels.
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