i'm looking for a trade on the pair and have two plans.
if it gaps down to hit the stops under support i will plan a long. a retrace trade with a chance of a trend change.
otherwise i'm seeing lower lows but want to wait to enter on the lower high. i don't think it will make your 3rd option channel and will place my stop above that resistance.
planning stage at the moment and will watch price action for further clues.
