Its one of two that will happen - UP or Down ..
Scenario 1 : Breaking the upper trend of the channel and go to make an impulsive wave then head & Shoulders .
Scenario 2 : Sideway inside the channel then it breaks it and go down even more .
- Black Hole Area : Is the area which has the lowest volume on the price and most of the time when the price reaches this areas it pump .
Scenario 1 : Breaking the upper trend of the channel and go to make an impulsive wave then head & Shoulders .
Scenario 2 : Sideway inside the channel then it breaks it and go down even more .
- Black Hole Area : Is the area which has the lowest volume on the price and most of the time when the price reaches this areas it pump .