The price is expected to fluctuate according to the specified path and then complete the last wave of correction. Then let's see the beginning of the uptrend
The end of wave c is expected to be in the Fibonacci range. Then change the trend and see the climb to the specified resistance range
The price is expected to change trend within the specified resistance range and enter the corrective trend. If the price can stabilize above the resistance range, it is likely that the uptrend will continue.
It is expected that we will see a continuation of the downtrend and after crossing the current support range, the downtrend will continue to the specified Fibonacci levels.
Another bearish wave is expected to form and move to the specified support range. Then, according to the possible downward wave structure, it can study the movement process according to the specified paths.
Ozzy According to the pattern of the last three waves, it is expected that the trend will change in the specified support range and we will see an ascent to the specified resistance range.
There is a possibility of forming a triangle pattern that is represented by specific paths If the index can stabilize above the resistance range, it will be more likely to continue the uptrend.
Given the price in the resistance range, possible scenarios have been identified
Due to the stabilization of the high price of the resistance range, we are expected to see a continuation of the upward trend .
It is likely that the triangle pattern is forming. According to this scenario, stabilization above the support range can increase the probability of an uptrend
The correction trend can continue and continue the downward trend according to the specified path
There is a possibility of correction up to the support range. If the price can reach this range, but the trend can move according to the specified directions.
Given the behavior and structure of the recent uptrend, it is likely that the price of a correction will have up to the specified support range and then we will see the continuation of the uptrend
Due to the position of the index in the current resistance range, the exit of the trend from any direction can create a continuation of the trend in the same direction.
Once the triangle pattern is complete, the current uptrend can be the end of the uptrend It is expected that a correction will be made up to certain support ranges and the movement will continue along the specified routes.
Expectation Due to the structure of the downtrend, the price is expected to change the trend within the specified support range and form an ascent that can hit the resistance trend line. In the following, we can see the continuation of the downward trend to form a diametric pattern
We expect the uptrend to continue if the index can stabilize above a certain resistance range
It is expected that the price within the specified resistance range will end the uptrend within the specified time range and we will see the beginning of a downtrend.