Not much to say except for it could go up a bit to form a set of Owl Ears before heading back down. The blue lines are the upper and lower channel markers for the ending diagonal in this model. The chart should go below the bottom blue line for a very short time and then come breaking back up through. It should take a few weeks up to a month to get there.
This model is not confirmed yet. The fact that the chart is showing resistance at pretty much exactly the trend line that I drew using only 1 point until recently means something but not much. It's only value is as a trigger point. If it breaks out of that blue line, the ending diagonal theory is in grave jeopardy.
Time will tell.
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