The price has indeed reached the lower boundary of the ascending channel, within which, presumably, a diagonal triangle is forming. This decline is considered as a corrective wave iv, which took the form of a plane. The attempt to consolidate outside the channel was unsuccessful, there was a slight growth followed by a pullback.

Probably, this is how the formation of the final wave v in the diagonal triangle began. The chart shows a level, the breakdown of which may be a signal to make buy trades.

Recommendations: Buy 1.0900, SL 1.0875, TP 1.1000.