Price appears to be have losing momentum going uptrend with 3 days of rejection at the upsloping median line.
Frequency and direction has shifted between the purple channel lines.
Possible strong downward thrust expected new week heading toward the lower purple trendline as illustrated. This will break the L-MLH with a possible Kiss Good Bye back to the L-MLH before it might head further downwards.
For the pattern traders, it looks like forming a triple top with the lower purple trend line as the neck line.
Frequency and direction has shifted between the purple channel lines.
Possible strong downward thrust expected new week heading toward the lower purple trendline as illustrated. This will break the L-MLH with a possible Kiss Good Bye back to the L-MLH before it might head further downwards.
For the pattern traders, it looks like forming a triple top with the lower purple trend line as the neck line.