After breaking through the channel line (a thick green line on the chart), it became support, and you can see a strong movement occurred after the rebound from this line at 8800.
The current movement is very similar to what we saw in May, on the chart you can see the blue candles, which are copied from the May schedule, and they coincide perfectly with the current price movement.
(Previous vertex 11441)
"The current ABC correction, in my opinion, is only 4 wave in (3) wave, and will end in the region of the previous peak of 1 wave."
(Previous high 11441)
Nice Hidden bull, expecting good bounce here
Let's continue to ride the waves.