Chart reached 461% resistance zone while it made an Elliot Wave that secure the HH of the trend. Support zone has been ignored letting chart go bearish for quite a time. Plus high volume candle needs to be fulfilled, meaning that market will eventually reach 2265.5 to finish correction. Finally, momentum is on bulls side, so it won't go that deep for now; it should return to the HH eventually (unofficial)
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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.