If it breaks the neckline and confirms the head & shoulders top,
you can expect another leg down to 8136 - 7700 (maybe even this year).
If no breakdown occurs and 8902 holds, I expect a decent bounce to 9500+
Also, interesting ratios between the last 4 waves indicate good downside potential.
you can expect another leg down to 8136 - 7700 (maybe even this year).
If no breakdown occurs and 8902 holds, I expect a decent bounce to 9500+
Also, interesting ratios between the last 4 waves indicate good downside potential.
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Related publications
Disclaimer
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.