When i’m wrong, i’m usually wrong very quickly. My last analysis was invalidated within 24 hours, which is ok because now we know the direction for sure.
Its important to know as to why this breakout is important. A structure, as long as 264 days has been broken.
A broken structure leads to change! Usually a change in trend. That does not mean we’re going to shoot back up to the moon (we could), but at the very least the downtrend seems to be over.
the next target is 4100, located at the previous resistance.