Final wave

1 нояб.

The price has hit the bottom of two ascending channels yesterday. Perhaps the last wave has just begun. I'm not stating that it will reach 6000, but If the price stays inside the blue channel, it can potentially reach 6000 by November 20. If the price drops out of any of the channels, it will be a strong bearish reversal signal.

4 нояб.

Сделка активна

Well, the major support is obviously lower. There is a trendline under the blue and purple channels. This trendline is a bottom of another channel. If the price bounces from there and returns inside the blue channel, the blue channel will expand on both sides and we will get a target 6100 approximately by December 4.

9 нояб.

Заметка

The target is invalidated. New idea: