I got confused with my own trading system. I created it myself yet why I am the one who get confused? This is probably my 10th trade using this setup. This one is very interesting that I have ever found. Due to whipsaw market, I was trapped in making early entry at 23.6 fibonacci retracement level. I am trading 8 pairs at the time and among them 2 pairs showed the sign of reversal on time frame 1 hour. They are GBPUSD & EURUSD. For the time being, what I am most afraid is that the bounce off at the fibonacci channel and making it more valid for downtrend.
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