Just compared the bottom from end of sept this year to the current bottom. Went into the lower timeframes and checked all the details. Wouldn't be surprised if we reclaim the 58.5k area, get rejected, and then dip again and retest the the 55-56k and form the triple bottom!
And after we formed the triple bottom the breakout is pretty imminent. But still from today's pov it can still take a few days before pushing heavily to the upside.
There is many reasons for me to make this assumption. But currently I don't have the time to put all my thoughts into a nice clear chart because I need to prepare for some smaller uni exams this week. Just wanted to share this quickly. It is not guaranteed, just an assumption!
Hopefully tomorrow I will be able to share a chart where I explain my thoughts!
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