with Anthony, ZigZag & Platy
You can see how price has continually respected the upwards sloping channel previously posted. So far we have had 6 tests of this channel and a rebound to higher prices. The last 4 closes have also been trading in a steeper upwards channel which may offer some indication as to the target. However we are yet to break through the 1460 region on the last 2 attempts we have failed. If we fail again this time i will initiate a short position.
A decisive break of the upwards sloping bottom pitchfork would suggest that the sell off has begun.