New TA/Charting, page-12435

My signature says: “The point of forecasting isn't to tick the boxes on the ‘how to make forecasts’ checklist. It is to foresee what’s coming.”

So with the following weekly chart I had a bit of a play in order to do just that, by sticking to certain TA rules to foresee what might be coming up.
I used channels, a Fib Extension and Trend-Based Fib Time. I used wave (3) and multiplied its duration (106 weekly bars) by a possible duration of wave (5). The result was that the week starting around the 11. Sept 2023 (blue vertical line) seems to become of interest with all the price points associated with that. There is still also this green box, which is based on other Fib Extensions, I had in my chart for quite some time and now its levels do coincide with today's work.
BTW I'm not saying wave (5) has to end there, but it is one possible point in time. The wave without a doubt however could easily carry on from there ...


Confirmation bias, wishful thinking? Sure some people will say the chart is to complicated, but those with an interest in TA my have a closer look regardless and may or may not take it under consideration anyway.