Support found?

Good support found around the .618 fib retracement of 27/12 -> 30/12 decline & the .236 fib retracement of the 17/12 -> 22/12 decline.
Break down from channel could be a false breakout.
A break of the RSI trend line could see a pick up in bullish momentum
Could be the beginning of the 3rd wave in an elliot trend starting from 22/12 bottom.