We've had a triple daily divergence and we are now potentially in a wave 2 of a wave 1 movement. IF we break up from here I anticipate the resistance at the top of the channel which will then retest the small head and shoulders. If there is support at this level i expect wave 5 of wave 1 to test the long term head and shoulders formation with a retest of the short term shoulder support. Finally a small abc complex before breaking up or down. Several ifs here but one possible price movement. Feedback welcome.