To see it play out live, draw the channel yourself as I have here, redraw it over the new major price swings as soon as we breakout.
There are several lows you can use for the direction of the channel, I have used the tops before the 16th for direction/angle, then set the low of the channel to the last swing low and the high of the fib channel to the last swing high.
There are several lows you can use for the direction of the channel, I have used the tops before the 16th for direction/angle, then set the low of the channel to the last swing low and the high of the fib channel to the last swing high.
