Another possible scenario.
Major upwards Channel getting bended by a more minor, recent one.
The intersection points coincide with some support/resistance levels found in May 2021 bull run.
As an architect, I love playing with geometry but I'm no financial adviser.
Invest safely.
A major Channel is getting bended by a minor, recent one.
Their direction and intersection points coincide with some past resistance/support level of the bullish run in May 2021.
This leads to draw some guidelines to the chart.
Btw, I'm an Architect, and I love geometry :) I'm not a financial professional.
Invest safely.