Calling 3700 as the bottom, else I'm cutting you know what off.
5 waves completed ending at 2.272 (3630) index price.
My First target will be 4100.
My First target will be 4100.
Note
When charting i noticed that we have an ongoing 5 sub-sub-sub waves. By that inspection, we have 4th subwave reaching 3970-4k
For our 5th wave the target would be 3032-2937.
Also, for the 4th wave, be cautious as if 4k breaks it will continue of to 4200. For the maximum, before going down to 3k.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.