I have mentioned sometimes that above 11.000 the bulls will be victims. As I say in the Closer to the frontline idea: " I would like to see even a failed breakout, and then after a huge reversal." and now I can not say anything else.
Maybe we saw the failed breakout and now the continuing should happen in a good and clear reversal pattern. Because of the C wave corrective structure, now I am forecasting a sideways triangle in the next month. Which next wave is the D wave down in three waves structure. The possible target could be around 6000 with a little higher high against 3900. We will see...
The lower time frame I am focusing on rising corrections which create the chance
Maybe we saw the failed breakout and now the continuing should happen in a good and clear reversal pattern. Because of the C wave corrective structure, now I am forecasting a sideways triangle in the next month. Which next wave is the D wave down in three waves structure. The possible target could be around 6000 with a little higher high against 3900. We will see...
The lower time frame I am focusing on rising corrections which create the chance
