Now this is a strong chart and we are also looking at a classic Elliot Wave pattern; classic and strong.
DOCKUSD
✔️ First we have a 5 Wave Up pattern, the bullish impulse. ✔️ Second we have the classic ABC correction. ✔️ The correction is followed by a new impulse and the EW target is 125% away from the current price, that's the potential.
We mix all the different systems and so we also have:
✔️ Very strong bullish candlesticks. ✔️ Higher low (6+ months). ✔️ Bullish MACD and RSI. ✔️ Trading above the moving averages.
All this we call bullish.
That is why it doesn't matter what happens in the short-term, with so many bullish signals we are sure to see additional growth.