As long as the price does not stabilize above the red resistance range, the probability of the continuation of the downward trend is higher than the upward trend. Therefore, it is expected that after some fluctuation and rise, the trend will change and we will witness the beginning of the downward trend
Considering the behavior of the price in the range of the formed ceiling, it is expected that the price will not be able to continue the upward trend and needs some correction and fluctuation. The price can correct up to the specified Fibonacci levels or even beyond it. Consolidation above the green resistance zone invalidates the above scenario
It is expected that an upward trend will be formed and it will have the ability to cross the resistance range. With the stabilization above the resistance range, the continuation of the upward trend will be more likely Otherwise, by crossing the support trend line, the above scenario will be invalidated and the continuation of the downward trend will be possible
It is expected that the price will change the trend in the current resistance range and we will witness the beginning of the downward trend. In this case, we can see a waste of time and correction in the process Fixing above the resistance range will invalidate the above scenario
Considering the recent downward wave, it is expected that some fluctuation and correction will be formed in the current support range and then we will witness the continuation of the upward trend. If the price crosses the support range, it will be possible to continue the corrective process up to the specified Fibonacci levels
It is expected that the upward trend will start and cross the resistance zone. If the price stabilizes above the resistance range, the continuation of the upward trend will be more likely Otherwise, the correction and erosion process will be formed
According to the structure of rising waves, it is expected that the continuation of the rising trend will be formed after the completion of the corrective patterns. As long as the price fluctuates above the red support zone, there will be a chance to continue the uptrend
It is expected that the price will cross the support zone and the continuation of the corrective trend will be formed. If the price stabilizes above the support range, it will have a chance to continue the trend. This scenario is expected to take shape after a waste of time
It is expected that the current corrective trend will end in the current support range and we will see the beginning of the upward trend. If the price crosses the 78.6% level, the continuation of the corrective and fluctuating trend will take place
It is likely that the current uptrend will end at the specified Fibonacci levels and the beginning of a corrective trend will be formed. Then the movement process will continue according to the specified routes Crossing the green support zone will lead to the continuation of the downward trend
Considering the price structure in the current resistance range, it is expected that the price will advance up to the specified resistance levels and then witness the beginning of the downward trend. By crossing the previous floor range, the continuation of the downward trend will be confirmed If the green resistance range is broken, the downward trend will be...
According to the recent upward wave, it is expected that after some fluctuation and correction, the beginning of the upward trend will be formed. As long as the price fluctuates above the red support zone, an uptrend is likely
It is expected that the current downtrend will end in the specified support ranges and we will see the beginning of the uptrend. If the price crosses the 78.6% level, the upward trend will be canceled and the continuation of the corrective trend will be possible
Considering the behavior of the price in the current resistance range, it is expected that the beginning of the downward trend will form and advance to the previous bottom range. It is expected that the previous floor will also be broken. Then the movement process will continue according to the specified routes
It is expected that a trend change will be formed in the current support range and we will witness the beginning of an upward trend. By crossing the green resistance range, the continuation of the upward trend will be more likely If the price crosses the current support range, the downward trend is likely to continue
After some volatility, an upswing to the previous ceiling range is expected. Then, according to the behavior of the price in this range, the continuation of the upward trend will be probable If the index crosses the support range, the downward trend is likely to continue