Current Look: Price has broken out of an ascending channel from a previously strong bearish action.
and
Price has broken through and is beginning to retest the golden zone created from the most recent low on D1 time frame
-Looking for a retest of the channel
or
-Fake out and retest of golden zone
Expect- If price breaks through the golden zone with continuation, looking for price to fall to 444xx area before
-Further continuation down near 324xxx
-Bullish reversal
and
Price has broken through and is beginning to retest the golden zone created from the most recent low on D1 time frame
-Looking for a retest of the channel
or
-Fake out and retest of golden zone
Expect- If price breaks through the golden zone with continuation, looking for price to fall to 444xx area before
-Further continuation down near 324xxx
-Bullish reversal