From March 2020 Lows, looks like it has completed 5 subwaves in (i) of 5 and 3 subwaves in (ii) of 5.
It appears like (iii) is going on with subwave 3 of iii) about to start.
Each time Fib level has also been highly respected. Lets see whether it can reach 4.236
SL: Close below 1370
Forming Higher high and Higher Lows on a hourly chart.
Each time it has come near the bottom of the channel it has moved up from there. It did breakout but couldnt sustain and we are again back to the bottom of the channel.
Till the channel bottom is respected we can expect another trip to the channel top. RSI has also cooled of considerably,