Will the next two months be a sideways movement between $103,000 and $85,000? 💰📊
Based on the detailed analysis I shared earlier, I come back to you with a scenario that complements what we mentioned about Gann cycles 📐 and other technical indicators. The current scenario supports our expectations of a sideways movement during December and January, which will form what is known as Base 4 within the Parabolic pattern. 🚀
This movement is not random, but rather is considered a necessary stage in the market to form a Reaccumulation pattern according to the Wyckoff model. As shown in the chart, this stage aims to build new momentum 🔄, which paves the way for a strong upward launch later. 🔥
We recommend reviewing the previous analysis for a deeper understanding of the connection between this stage and Gann cycles, as all signs confirm the continuation of the sideways movement as part of the larger pattern. 📈
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