[bearprofits]

ruffen,

Over all trend is up, it broke out the top side of the larger channel, and made the targets of the smaller ar's and fork.

Looks like either short for a correction off the new fork (price has established a small double retest of that fork which gave a nice separation to the downside, we are in a possible retest/reload for the continuation south) but price has held off the top side of the broken channel.it will either go south or more probably form a triangle or consolidation pattern up here above the larger channel till it can catch up with the support sides of the smaller channels forks then light the fire works.

fwiw,