Oasis Network (Rose)

If we look at the Rose behavioral patterns, it looks like a sinusoidal wave in which the amplitude is increasing logarithmically. So, doing simple math, when the next sinusoidal wave starts it has to go up about 2000% 😵
What do you think?

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something like this might happen

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Uptrend wave has started

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So ROSE has been oscillating in a triangular zone. Also, it seems an inverted Head and Shoulders pattern is forming; thus, reversal might be close. Let's see if ROSE can break the Head and Shoulders' neckline or not.

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ROSE is progressing according to the analysis.

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Just an update. ROSE is still continuing upward.

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So, ROSE went up and reached the major horizontal resistance area. Then, correction started. This horizontal resistance area is somewhat wide and ROSE is going to struggle to pass through it, most probably. Let's see what happens.

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So, Rose's correction is almost finished. A harmonic pattern is formed, and the right leg is unfolding in a descending channel. Let's see when ROSE breaks this channel upward.

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So, ROSE broke the descending channel, and is going up. Let's see if ROSE can break through the major horizontal resistance area.

SaeedSalehinia

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SaeedSalehinia