[Impulse]

Originally Posted by 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,

nice chart bear!