I am expecting gap down on 8 JAN and a retracement to 50 - 70% of last move in the following 3 days.
It is retesting the last double bottom. Because of the trend it might get a bit lower... But I BELIVE it will continue up if bounces of neckline or if bounces of the green trendline And that would indicate a change in the intermediate trend !!
I see a morning star formation, as it will probably gap high on Monday accompagnated by a w pattern...
