Plan A
The big picture is still an uptrend
Hit to significant support and resistant level (3)
then breakout?
Plan B
False break channel (4)
go down to (5)
Entry point (3) or (4)
4 Probabilities
1) Hit the upper of the channel (1)
2) Test support level (2)
3) Test support level (3)
4) Break out the channel
Short term = short
However, the big picture is still an uptrend.
My previous analysis and predictions were wrong. The momentum uptrend side remains strong. It can be broken out resistance and channel. Now, we wait and looking for a buying signal on 23% or 38% of Fibonacci retracement. The target price is 1.35191.