Everytime the chart touches the lower line of the Keltner Channel - the bottom is near.
Will it be the next weeks? This doesn't mean that the uptrend starts immediately. The chart doesn't need to touch the line for a new uptrend to begin. Even after touching the line could follow lower lows. But it's time to build your watchlist! My personal opinion only.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.