Little retracement then upbeat. Therefore, I am expecting a very big downward movement that could possibly touch 11400.
ffr
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Shallow retracement only and impulse up started again, what you think?
Or impulse not yet completed (but in its final wave 5) and predicted drop still to come?
(I look into both options)
kyns2000
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Thanks for sharing. But don't you think the drop could be between 11300-11400.Thereafter, 12200 .
Geert2000
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@kyns2000, 11550 - 11450 after that i will look at the EW.
ZGRTFN
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So first target is 11489 ?? Then long position.
Geert2000
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@ZGRTFN, yes should drop first between 11400-11500 before it runs up to 11850
I wait for the 11850 ,maybee second target comes after the next drop to 11k
A drop to 11 k next month and 12200 after