Alright @W3hunter, how are we going to play this base channel?...

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    Alright @W3hunter, how are we going to play this base channel? News is starting to come back in.
    We are still well below the 200ema, so the GC system doesn't really come into it. I'm thinking if it breaks out of the channel and comes back in, with the 8 > 65 still it's a buy. It may take long enough for the 65 to get back above the 200, but I'm less convinced this matters as much as the correct price action.
    This might be a good test case.

    https://hotcopper.com.au/data/attachments/7044/7044290-5f135f4a820ef74bdc364ee1a82fef98.jpg
 
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