1.) Apparent symmetrical triangle forming, with price action nearing a breakout.
2.) dropping off.
3.) Price appears to be moving down within a channel. line applied with standard deviations above and below for visual purposes.
In an effort to determine potential targets, segment AB was drawn at the opening of the triangle and placed at the apex. This gives a target around $6200. If we assume the path to follow the same path as segment XY, then this would lead to the target being reached some time within the next 12-24 hours. This would also coincide with the bottom of the channel formed by the .