originally figured for a smaller abcde triangle with upside resolution, however, zooming out makes it appear as tho maybe we have more time to eat up before the next leg up.
this is just a chart to track progress.
hypothesis: one more leg down, but a higher low, followed by new move up for new ATH sometime around january 29th 2025
two highlighted paths in white and red represent the bullish scenario
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.