Two descending channels are in play. This may result in a wedge pattern.
The yellow channel is failing with more price action above the channel. This can be an early warning sign that price may not reach the bottom of the channel on this leg down.
Target 3400
The yellow channel is failing with more price action above the channel. This can be an early warning sign that price may not reach the bottom of the channel on this leg down.
Target 3400