...or _3400. Retrace from top_4000 completes 1-2-3-4-5 pattern, down to psychologically important value _3500. Bottom appears close to the fib 0,618 retrace level _3400.
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Strong bounce met resistance at 3800. May have to go back a bit:
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Price moved up as expected and broke resistance at 3800. Next: a move up to the resistance at the area 3930:
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Done. And you can predict what could be a next target? Yes, you're wright, 4120+
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Target reached. Up to 4200.
