The downtrend channel has opened, are you in the car?

Follow the trend, do not go against it; do not hold positions against the trend.

A decline in the uptrend channel is a trap to short.

An increase in the downtrend channel is a trap to long.

Consolidation at high levels is considered unloading.

Consolidation at low levels is considered accumulation.

In an uptrend, small dips should be bought.

In a downtrend, small rises should be sold.

Support that is held for too long will eventually break.

Resistance that is attacked for too long will eventually fall.