Hey traders!

Today we had a mixed day. First prices started to go sideways with some shorter-term trends in each direction. Prices then trended lower in the blue downtrend. Unfortunately, we had to sit on our hands for most of the day as prices did not present some easy trades. I found and played the bigger grey downtrend but cannot say for sure if this channel is valid because from the lower part of the channel it looks a bit off. Prices broke this channel and if the downtrend is valid we will see a retest of the lows.

Hope you had a good trading day.