We have two possible scenarios here;
In case we break the white trendline bearish we'll look for a sell down to 101.675 and if we break that level then we'll look for the bottom of the channel.
Else if we berak the yellow trendline bullish we"ll need to wait for the market to fulfill a 0.786 retracement then enter on a counter trend line break bearish down to 98.493
In case we break the white trendline bearish we'll look for a sell down to 101.675 and if we break that level then we'll look for the bottom of the channel.
Else if we berak the yellow trendline bullish we"ll need to wait for the market to fulfill a 0.786 retracement then enter on a counter trend line break bearish down to 98.493