Retracement took place last week friday after the first impulse to the downside , price is expected to go downward as wave 3 next week
price is epxected to move to the QML level before a rejection can take place to drop to the low of the structure and further movement to the downside if the low of the structure break
price hit the 20k quasimodo level , and it is expected to reject and drop back to 13k level before which is the final drop before the total move to the upside
price is expected to drop for WAVE 4 which contains corrective wave ABC before moving impulsively to the upside for the WAVE 5 which will contain 5 impulsive subminutte wave 12345. with first TARGET at the 100% of wave 1 and second TARGET is 161.8% of wave 1. we will wait for the correction to complete before buying for the wave 5 base on wave principle