As shown in the graphic, the (X) wave has ended and by breaking the level of 7.9%, its end is confirmed and we are already in the descending (Y) wave, to continue the decline until the bottom of the (W) wave is broken as shown, Let's follow through.
As shown in the chart, the W wave is about to end and we are going to go up in the X wave, through which the market will be in a downside state.
The X wave ends at the red area and then descends to break the bottom of the W wave, through which the market is going up
