Whether wave B has unfolded as a triangle, or an is underway for wave C, our immediate focus remains on lower; at least while the upper boundary of the impulse channel acts as resistance. The decline is likely to continue toward the lower target area which is highlighted on the 240-minute chart.
Key Levels: 7296.44, 9150, 9450.00, 10540.49, 10939.34
Keep you updated as this price evolves.
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Possibility of the double bottom! 240m
Keep your eyes a Breakout of 8773 signals that wave 2 is complete.