Bearish Island Reversal with bearish fractal

In my previous chart, I was bearish on Nifty as volume didn't support the price move in the index. As well as there were many bearish candlesticks on the daily chart pattern.

I think the new channel is formed after a bearish island reversal pattern breakout along with bearish marubozu candle.

Please refer to my previous charts where I have clearly shown why I am bearish on Index. (price action & Elliott wave )