Although the monthly candle for Oct 2014 is not form yet, price is currently caught at the a-channel bottom
On the downside, price can fall to c-channel bottom or b-channel bottom.
On the upside, price can bounce to a or b or c channel top
On the downside, price can fall to c-channel bottom or b-channel bottom.
On the upside, price can bounce to a or b or c channel top