y connecting the bottoms on 04-May-21 and 01-Oct-21 we create the bottom support line of the upward line.
By connecting the peaks of the waves towards 02-September-20 where there is the first peak, the second peak on 16-April-21, and the third peak on 31-Gush-21 we gain the upper resistance line. With this, we also benefit a perfect channel.
Now, at the top of our structure, the price complemented a “Bear Crab”.
The D leg of the pattern also fits perfectly with the fourth touch on the resistance trend line .
The upper trend line may work out again by moving the price to 4549 and 4450 corresponding to the channel support line.