According to the behavior of the price in the current support range, possible scenarios have been identified. In both scenarios, it is expected that the upward trend will continue.
It is expected that the current upward trend will end in the current resistance range and we will see the beginning of the corrective trend. If the resistance range is broken in this recent wave, the upward trend will continue
It is expected that the price will cross the support range and continue the downward trend to the specified support levels. If the price stabilizes above the support range, the continuation of the upward trend will be likely
If the price stabilizes above the current support range, the continuation of the upward trend is likely. In this case, it is necessary to break the resistance trend line with strength
According to the behavior of the price in the resistance range and the resistance trend line, possible scenarios have been determined. As long as the price fluctuates above the 61.8% level, the continuation of the upward trend is likely
If the price crosses the current support range, it will be possible to continue the downward trend according to the specified path. Otherwise, the price above the support range is expected to stabilize and then the continuation of the upward trend is likely
It is expected that a trend change will be formed in the current resistance range and we will see the beginning of the correction process. Then the continuation of the upward trend will be likely
It is expected that after some upward swing, a trend change will be formed and the continuation of the corrective trend will be formed. Then, in the specified support ranges, it is expected that the beginning of the upward trend will be formed
It is expected that the current uptrend will end in the specified resistance ranges and a trend reversal will be formed. If the index crosses the level of 78.6%, the upward trend will continue
The price is expected to move along the specified path and correct up to the specified support range. As long as the price above the resistance trend line does not stabilize, the correction trend is likely to continue
It is expected that a trend change will be formed in the current support range and we will witness the beginning of an upward trend. By crossing the resistance range, the continuation of the upward trend will be likely. If the price crosses the 138% level, the downward trend will continue
It is expected that a trend change will be formed in the current resistance range and we will witness the beginning of the downward trend. If the price crosses the previous ceiling range, it will be possible to continue the upward trend up to the specified resistance levels
It is expected that after some fluctuation and rise, the continuation of the downward trend will be formed. If the price stabilizes above the level of 78.6%, the continuation of the upward trend is likely
It is expected that the upward trend will continue according to the specified paths. As long as the price fluctuates above the 78.6% level, the continuation of the upward trend is likely
Due to the completion of the three-wave pattern, it is expected that a trend change will take place and we will see the beginning of the correction process. If the price crosses the 78.6% level, the downward trend will continue
It is expected that the price will decrease according to the specified path and then the beginning of the upward trend will be formed. If the price crosses the resistance range, the upward trend will continue