The price is now in the triangle where the upper side of the parallel channel is descending.
There is also the possibility of completing the head and shoulders pattern that if the price crosses the neckline, which coincides with Fibonacci 1.168, higher prices can be seen.
If it loses support at the bottom, it can fall to the specified range, which coincides with the midline of the parallel channel.
There is also the possibility of completing the head and shoulders pattern that if the price crosses the neckline, which coincides with Fibonacci 1.168, higher prices can be seen.
If it loses support at the bottom, it can fall to the specified range, which coincides with the midline of the parallel channel.