As stated in my previous post, a drop below 7300 would give us enough reason to believe that current correction is not yet over.
Since we did not get a break above the upper channel line, the only reasonable wave count possible now is the triple combo.
We got a sharp drop from that blue wave X and are currently in the middle of a corrective wave ((b)) that doesn't seem to have finished,
so, we can still expect at least one more push up, maybe to around 8300/8400 followed by a sharp move down to around 5700/5500.
Previous post :
Since we did not get a break above the upper channel line, the only reasonable wave count possible now is the triple combo.
We got a sharp drop from that blue wave X and are currently in the middle of a corrective wave ((b)) that doesn't seem to have finished,
so, we can still expect at least one more push up, maybe to around 8300/8400 followed by a sharp move down to around 5700/5500.
Previous post :
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Don't forget my public Telegram channel -
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Thanks !
