should move back to the bottom side of the channel in the short term, allowing for the next leg up in the long term.
The next bull run might top in the end of 2023.
Possibly more downside in the Pound. A good area to sell. I will be looking for a smaller TF to enter short. An ABCD setting up but if it accelerates Monday then it go through the target area where I will look at other options.
Detail @ The Chart.. Previous Idea with wrong wave counts @
Breakout from 2000 tech bubble highs in 2016, bull trap in 2020? NASDAQ:NDX
The manipulation process is complete, more institutional long positions are opened, a new market turn should occur with the first TP at 10705.
market cycles show a possible long position when the chart reaches the vertical line with a 2:1 risk-reward ratio stop loss and take profit are shown in the chart please do your analysis before entering the trade
Fibonacci Time Lines marking Pre-Crashes starting on Black Monday in 1987. Moon Phases as viewed as highs and lows for confirmation of resistance and support. 1,082 weekly bars from number 8 to number 13.
Detail @ The Chart