the correction could have finished with a wxy correction, which means we could get a bullish move up to break the top.
Or we could make a move up to test the top as a B wave of a flat.
Either way it is a likely scenario that we get a move towards the 40K, and the bottom is in for now.
Or we could make a move up to test the top as a B wave of a flat.
Either way it is a likely scenario that we get a move towards the 40K, and the bottom is in for now.
Note
Bullmove is postponed, since the move up was of corrective structure. This means that we work on a different pattern. So far I am looking for one of the scenarios.Note
wavecount of up move shows corrective structure 
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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.