Next is 6600 target

Morning everybody,

Our previous entry was OK, market has hit first 5500 target which is 1.618 AB-CD on hourly chart.

Still we have daily 0.618 AB-CD extension that stands around 6600$. Besides, as BTC has broken rectangle upside, it should pass its width in the same direction and it also points on 6600$.

Here we could try to apply the same strategy - trying to take position at lower border of the channel, which also will be K-support area.