we should see lower lows.
This seems like a descending triangle, i've projected a target around 4777 with a wick , that monthly support around 5k should hold a bit
I expect a retrace to around that hypothetical 618 fib. It might even touch 7183 that is the Tenkan Sen of the monthly chart.
Right now we're finding support over that daily Tenkan Sen, Kijin Sen is facing downwards already, we might just drop from 6630 with a small pause aroud the 236 fib.
After that, no idea.
Over 7500 all of this is wind.
This seems like a descending triangle, i've projected a target around 4777 with a wick , that monthly support around 5k should hold a bit
I expect a retrace to around that hypothetical 618 fib. It might even touch 7183 that is the Tenkan Sen of the monthly chart.
Right now we're finding support over that daily Tenkan Sen, Kijin Sen is facing downwards already, we might just drop from 6630 with a small pause aroud the 236 fib.
After that, no idea.
Over 7500 all of this is wind.