I've been looking for the Elliott wave and suddenly it became clear to me. Have a look at yellow retracement - it can be a good sign for the azure upward waves. I think that it confirms the green channel idea.
I don't know good you are with EW or its application within the EW Rules.. I'd have to consult resident EW expert DanV as to the validity of the theory you've proposed here... but I do like and agree with the price action predictions.