It is possible that we approached the end of the last corrective wave and we're starting a new cycle. What to watch for: - If we break the green trend line, my assumption is very unlikely to happen and we will be testing our support zone. - If we keep moving parallel to the green line & break the yellow one, then it's more likely that we'll see something like...
Created this chart few hours ago, thought I'd share. Not an analyst, I just learn patterns and recognize them.