TRIAS - Long Term Outlook

I'm trying to plan my future positions with TRIAS, the next few months and key levels will give me more conviction on bias.

TLDR:
❌️DECLINING VOLUME
❌️DOUBLE TOP RESISTANCE
❌️DISTRIBUTION TOP/ ELLIOT WAVE COMPLETED


From an accumulation bottom, a big first half to the year sees a double top pattern. Once you see the volume and volume profile data you see two things:

1) Volume has steadily and consistently tapered down from the absolute low
2) I read the Volume profile as about half of the buyers at low prices have offloaded around the middle, leaving long term holders either holding for a "bull run" or being shaken out in a capitulation event.

The only way this becomes invalid is if price wants to get above and close a weekly candle above the $4 mark and up volume increases.

Targets from FIB .618/.786, Volume profile and S/R levels are:

Gold box at $2
Blue box at $1.50

Obviously wait to see how market reacts around these levels.

Would love to hear your ideas 💡