CHANNELS, RECTANGLES AND POSSIBLE SQUEEZE BREAKOUT

2 THINGS CAN HAPPEN. ITS EITHER PRICE RETEST THE CHANNEL BEFORE GOING DOWN OR THERE WILL BE A BRIEF PERIOD OF CONSOLIDATION IN BETWEEN THE RECTANGLE. NOW PRICE CAN BREAK OUT FROM ANYWHERE BUT I WILL ADVICE YOU WAIT TO SEE IF THERE IS ANY POSSIBLE RETEST.. WE THINK PRICE WILL BREAKDOWN TO THE DOWNSIDE SO WE ARE PLANNING ON GOING SHORT....