On the chart we have cluster from Fibonacci lines and also we have similar corrections.
There is also almost not seen . The reason I never use is that I don't like the idea of market being diagonal entity. Some may argue that the trend is up because of this , but for me, I could be wrong on this but I don't care, cause statistically in my trading I never use diagonal lines, cause market almost always proves me wrong about and clusters works better. In fact market can even go down after , finding "infinite" amount of support from and this is the another reason why I don't use diagonal lines.
Continuation at the comments (scroll down).
So, the first mine chart is weekly and its before the fact. Now for the purpose of good education let see what happened. As I've said " I would consider only to trade it by going to the lower time frames and looking for opportunity to sell." So lets see if we can talk money there: