a few charts of interest, page-44

another yellow fork for your garden.

quite often the warning lines work up to 5 sets out, but most commonly 2. If price manages to get above the second warning line, watch for the tell tale back test. If you see firm support along the line, the target is 1 channel boundary further out. Then rinse and repeat till you see support crack

JMHO of course. do your own drawings (lol)

while I think of it....
see those 3 spike lows above my yellow support tine. they parallel the support tine. There could be a case for a sliding parallel with that offset from the main parallels, although most things seem to be lining up bang on, which is a little bit odd. I would have expected an offset. oh well, i have been wrong before