we completed two targets on previous upward wave after price reached out buy zone. now price can take a correction because the price was stopped by the resistance of the channel.
However if we have a confirmed breakout of the channel's we will go up
Please follow the Trading View profile to support my work
Do not trade this idea before you make your own analysis!
1) because of the stupid fomo bull run
2) we might actually end up on the lower trend lines
3) especially if you were to look at the monthly RSI ; we don't know that bottom yet ...
what's the lowest monthly rsi we could reach ?
nobody knows, we might be about to find out ...