Possible inflection point!

Can I just be seeing a mirage?
Analyzing Bitfnex in 4 hours, I see this possible low channel formation in a long-term bear configuration.
If you analyze any other large volume exchange you will find the same thing.
In this case in my previous analysis, wave 5 could be making a double top with wave 3, and in this case this possible low channel would gain credibility.
We'll see.