21.50 which has been quite a solid support in the last two years has been breached (Wave 3) and an ascending wedge/bear flag has been broken (Wave 4).
Once price is traded below this Month Open (which is below 21.50), there is a high probability that it'll test 19.00-19.50 area.
Accumulation which started since 2021 is come to completion with the completed rounded bottom. Market is trading above the Year Open and have been consistently edging higher on a series of Higher Lows weekly candles. Bullish above 9.50 towards 11.5 (4 years High), breaking which will open further rise to 12.4/5.
A daily/weekly close below 9.30 will invalidate the...
