The recent price movement aligns with my previous analysis. It reached the designated target level. The market resisted the upward momentum, leading to a swift downward surge. Subsequently, the price broke through and consolidated below the previous upward channel. I anticipate that the market will enter a consolidation phase, as markets often trend sideways following significant price fluctuations. However, if the price retests the resistance zone and the channel boundary, I will be on the lookout for a selling signal, as this would represent a breach of the established pattern that had been tested multiple times previously. I foresee a two-legged pullback towards the resistance on the 1-hour timeframe. My objective is directed towards the prior support level at 1955.050.