Possible trend continuation
Updated
ABC was finished earlier than anticipated. Broke out of the downwards channel and is in a falling wedge now. If break on the upside, could test next fibonacci level and possibly even all-time high. If break on the downside, could retest yellow trendline from previous medium-term channel. Trade what you see. Happy new year!
Note
break-out happening on the up-side. Wait for convincing break-out before buying in.
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