SEE CHART FOR DETAILS. APPLIED RENKO TO SEE CHART FORMATION ( BULLISHFALLING WEDGE ) MORE CLEARLY.
5500 NEW LOW COMING IN OCTOBER 2018. RANGE IS 5000-5500 INTO END OF Q4 2018 BEFORE A REAL BREAK OUT.
TARGET FOR BULLS END OF Q4 - EARLY Q1 2019 - 10 000 USD.
THE HIGH WILL COME NEAR 7050-7150. THEN BEARS WILL TAKE OVER ONCE AGAIN.
this is still a valid setup, with a bottom near 5K. This falling wedge permits another print near 7K, and that's what we are going to get next with the incoming short squeeze later this week.