I took the current ascending channel lines and copied them directly over with no angle change to the previous ascending channel. We have just seen a golden cross. Look what happened the last time we saw a golden cross in an ascending channel!
Here is what I am looking at on the 12HR: On the bearish front we are obviously still seeing this massive bullish 3 drive that we are currently in the last bearish leg down of. If this continues we could see negative sentiment and another 6K tap for a double bottom and off we go from there. We could also enter hell and fail at 6K for the full 3 drives (won't...