A possible scenario
Movement 12345 occurred to the top, now ABC correction is likely.
Trend changes direction as the price has risen so high. Therefore, the correction will be expected to a limited depth of up to 7000 area.
Trend changes direction as the price has risen so high. Therefore, the correction will be expected to a limited depth of up to 7000 area.
Note
if there is a correction, the movement will continue to go up.Note
Price may drop to 8500 support area.Note
Targeting to 8400. I'm afraid a next target (after some bounce) can be 7500.
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