thanks for sharing this analysis.. I do agreed there is downtrend pressure coming on the way but how much it will go dip that's the complicated part I hope it will go dip till your first target line. its possible
Pand0ra
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@bader77uk, you're welcome, in short term it will go to the first target, in a long term it will go the second and third target I think
bader77uk
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@karaivanska, some Analysts predict that uptrend pressure will continue to 62K then falling dip, but in my opinion i see a resistance around 52300 also in NearTerm group indicators showing that we are at selling zone and bearish should start sooner.
Pand0ra
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@bader77uk, I know they predict 70-100k, but first it needs a correction I think. This is my opinion and before you take any actions is good to collect more ideas and the most important thing is to follow your own technical analysis I am sure it will be the right one.
bader77uk
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@karaivanska, Yes indeed!. i am waiting for downtrend pressure confirmation.