Everything can happen, this is analysis determines concept of Price Action and what is possible is that price can reverse or break up/down the channel.
it's an idea to wait for the confirmations of High Level to break the price to continue the previous trend to upward, like so on, wait retracement of the price to fall down in order complete the correction/Bullback.
it's an idea to wait for the confirmations of High Level to break the price to continue the previous trend to upward, like so on, wait retracement of the price to fall down in order complete the correction/Bullback.