I was close to taking the FibCon when price first entered the GZ and almost touched the D1 Bull Channel midline at 10:34, after coming up from the 11600 level.
I did not take this trade as price did not reach the level I wanted for entry, with a touch of the D1 Bull Channel midline. This may have been too fussy, and I should have taken the trade at the level it reached, selling as price moved back down to the 11600 level.
As price came back up to the same zone, this time the 15min ema was in play, and so I sold with a Profit Target just above the H1 Bear Channel. Yes. Close resisted price a couple of times, and I thought that my Stop Loss above the 1hour ema would be giving price enough space for movement, but this proved to be wrong.
The reason I went for this sell trade was due to my feeling that price would be looking to drop down to the 4hour ema around the H1 EQZ midline.
However, looking at the price action, I can see a double bottom at the 11600 level, and this may turn out to be the reason why I should not have been selling in this situation.