Comments on the chart
Komen:
Price put in a doji candle right on the lower border of the upchannel. I am still looking lower
Komen:
We have a breakdown from the channel. Price action is bearish
Komen:
Excellent downmove today. There is clear light between price and the upchannel. Still looking lower
Komen:
Price bounced strongly today but lost half of the upmove today. I am still bearish. As traders we know (or should know) that price does not go up or down in a straight line in a normal situation