DB SR MAP

Long:
- Lower band of the local emerging channel
- Lower band of BB
- Previous local bottom
- 50% Fib retracement from the last top
- the volume in the last drop is not significant

Short:
- dominant bearish channel upper band
- failed breakout from the dominant bearish channel
- RSI is not oversold
- RSI breaked down the lower band of the emerging RSI channel

It is not an easy decision to go short or long. Much depend on the global news.

Conservative long entry: at S2, TP at R1, better R/R
Agressive long entry: At S1, TP at R1