Price travelled from the major at the price around 8.5000 down to 6.8000 to form a consolidation area. The price couldn't break above the minor support turned resistance. pressure took the price down to form a major support at price 4.7000. Since then, price formed a chart pattern named . A continuous pressure above the resistance trendline will further push the price to the minor . A continuous pressure below the minor will push the price down to the major .