We have an upthrust and a test on the hourly chart's sell zone. The sell zone also concurs with the 1/2 of the hourly downtrend wave.
Consequently, the price may drop back to the buy zone at 19500. However, the only hindrance is the spring on the 4-hour chart (check out the next idea). Therefore, the price may either drop to 1/2 of the long wave or not drop at all.
Sam
Consequently, the price may drop back to the buy zone at 19500. However, the only hindrance is the spring on the 4-hour chart (check out the next idea). Therefore, the price may either drop to 1/2 of the long wave or not drop at all.
Sam
