we have definitively broken out of the descending channel. Currently, the market is facing two potential upward channels. The breakout from the red triangle will determine which of these channels we will follow. Based on anticipated global economic conditions and the market’s geometric dynamics, channel 2 appears to be the more logical trajectory. Price movement toward the borders of channel 2 has so far respected the integrity of the 6-month candle.
September 2026 is projected to mark the point where buyers will fully align, completing the dynamic termination of the first wave and forming a significant second-wave structure.
September 2026 is projected to mark the point where buyers will fully align, completing the dynamic termination of the first wave and forming a significant second-wave structure.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.