Based on current structure i think we will see another test of the horizontal support at 10k.
In case of 10k breaks we will most likely be seeing another wave down to the 9k area.
The theoretical move down to 9k puts us near the apex of the triangle, given the momentum there is a likelyhood that a continuation downward is possible.
My guess is that we will move upward after touching 100-MA on 1D but at this point it's only speculation.
Right now i see about a 2% drop which is the trade key focus.
In case of 10k breaks we will most likely be seeing another wave down to the 9k area.
The theoretical move down to 9k puts us near the apex of the triangle, given the momentum there is a likelyhood that a continuation downward is possible.
My guess is that we will move upward after touching 100-MA on 1D but at this point it's only speculation.
Right now i see about a 2% drop which is the trade key focus.
Comment:
For clarity, see lower timeframe below
Trade closed manually:
Zzz Early tp. This might be bouncing off the trendline
Comment:
Lol