I am very optimistic that the projection described in the image will materialize.
In a macro view we are in a low channel (blue), but inside that channel we are making an upward curve in a high channel (orange) that is going to get the top of the channel.
For a short period of time (considering we are on the weekly chart), I believe that in two days it will reach or be close to the targets stipulated in the chart.
and are also indicating purchase.
It is a very simple analysis. And sometimes what we need to see is just the simplest to have good results, without great theories.
Disclaimer of liability.
1. This analysis is not sure that the price will move as projected, any macroeconomic news, tweet from some political authority or even a misinterpretation of the graph made by the author can happen and cause loss. When in doubt, do not enter!
2. This is not a financial advice or entry signal, just my opinion as I see the market. Use this study to find out if it is in line with your study. Always make decisions based on your analysis!
3. Open small batches and few operations, you are unlikely to get rich. Be long-lasting in the market. Greed will only make you lose money. What will make you rich is your daily job well done combined with honesty and love.
4. Don't lose your mental health, prefer to close the operation and lose a little, you don't win every time (and when we think we can always win we usually lose everything), for this reason, ALWAYS use a Stop Loss according to your risk management.
5. Remember: you are solely responsible for your wins and losses, so be sure to handle an amount of money that you are willing to lose (due to the risks involved in the business) and never invest any amount that can cause you problems and damage your livelihood.