Adjusted the trend-line from ATH to current situation. Possible target adjusted a bit due to length of previous leg up. Might see a small retrace at that point or a retest of lower blue trend-line. After that we might see a challenge to the ATH and beyond.
Purple lines are the log channel. Still healthily inside the log channel as you can see.
Purple lines are the log channel. Still healthily inside the log channel as you can see.
Comment:
Almost hitting my target. I'm not getting out though. I'll move my stop loss orders a bit higher as there might be a very small consolidation before retesting ATH. Trade what you see!