The bearish ABCD did trigger a reversal.
In my previous analysis i was having my doubts about that but after all...the fibs are just perfect and also move XA was very impulsive so a reversal at point D was very much possible.
Bulls have to step in now between 13500 and 14600 otherwise the overall bigger picture weakens.
In my previous analysis i was having my doubts about that but after all...the fibs are just perfect and also move XA was very impulsive so a reversal at point D was very much possible.
Bulls have to step in now between 13500 and 14600 otherwise the overall bigger picture weakens.