Price has reached a key level zone looking left where big reactions in the past occurred. Also, price is at the bottom of the channel which aligns with the key zone of interest & above this region I am still looking for upside movement.
Scenario 2, would be if there is a clear breakout of the pattern & zone we can anticipate further bearish movement into support.
Scenario 2, would be if there is a clear breakout of the pattern & zone we can anticipate further bearish movement into support.