I changed my View from it being a rising wedge or narrowing channel back to my first interpretation of the parallel channel, with horizontal resistance at the 49700 level which than automatically forms a bearish pattern that has no weight.
The rest of my Analysis can be found in the Ideas linked in this post.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.