In terms of time cycles , from October 2008 to low of 1130 it took 313 weeks, which represents 6 years , a good turning point after a 5 year cycle + .
Finally the coloured angle fits with the idea of an ending cycle.
I´m entering long at current levels with SL below 1180 on a daily close.
NOTE : Markets are and provides multiple possibilites. Time cycles are not always accurate but in this case it seems it could work.
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