Bump and Run Reversal Top ( PARR ) pattern could be stablished previously and during next couple of days >>>>> Bump stage expected to be started within a week to 10 working days from Now.
As a price moves up and down on charts, it encounters “barriers” along the way. If a barrier acts like a floor and keeps the price from dropping any lower, then it is known in trading terminology as support. When it acts more as a ceiling and stands in the way of upward moves, it is called resistance...
Source:bforex
Butterfly rules said AB must be 78.6
Deep Crab rules said AB must be between 38.2 to 61.8
until now is Butterfly is going to go down more to be Deep Crab or not /
Thu 06.Dec.2018 14:40
LAST= 10,598.40
QE Index movement during the last few days showed a Bullish move, with a recent high price seen on Wed 05.Dec.2018 at 10,632.89.
During the next few days the price is expected to go up to retest the previous high of 10,632.89.
The Short-Term view is expected to continue to be UP as long as the price is above...
