A channel through a resistance level
Comment:
The channel successfully broke the resistance level
Comment:
Resistance level turned to support level
Comment:
Even though the price could attack and break the resistance (yellow line) but couldn't break out of the channel yet
Comment:
The channel and the support level both got broken. So now the price should fight the yellow line as the resistance again, but don't have the channel's support
Comment:
When both channel and the support level broke down the price did a big drop