Short osculating correction down to $6560 before resumption of bull run to next all time high around $8000 where it again touches the top of the 2017 bullish channel (shown in blue here).
So:
LONG immediate term (trading bearish channel swings)
SHORT short term down to $6560.
LONG medium term up to $8000.
So:
LONG immediate term (trading bearish channel swings)
SHORT short term down to $6560.
LONG medium term up to $8000.
Note
Current bearish correction channel proving much steeper. May even make it all the way down to $5460 with the current impulse wave.Note
My bad - $6560 not $5460 in above comment...
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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.