The first target i am aiming on will be 214~, and second 208
A typical bullish pennant, or ...? The first target will be something around 6750.
I am personally set long-orders at the bottom of the wedge (6530) and upper top (for a breakout). Also we can see bearish channel, breakout of which will be strong signal for buy.
Correction is still incomplete, because the buyers allowed to create a pattern of "Bearish pennant", whose target is the length of the flagpole (5400~), which ideally rests against the lower edge of the global wedge. Similarly, in favor of the fall says the candlestick pattern "Bearish Engulfing" formed on the weekly chart. Typical Bearish Engulfing