The bullish pattern is expected to advance along the specified path to the specified resistance levels. Then there is a possibility of a trend change. If the support area is broken, the continuation of the downward trend is likely.
Considering the price behavior within the current support range, possible scenarios have been identified. It is expected that a trend change will form within the current support range and we will witness the start of an upward trend. Otherwise, the continuation of the downward trend to the next support levels is possible.
It is expected that after some fluctuation and correction, the upward trend will continue. A break and consolidation above the resistance trend line will be a confirmation of the upward trend. Otherwise, a continuation of the downward trend with a break of the green support range will be possible.
It is expected that a trend change will form within the current support range and we will witness the start of an upward trend. If the price breaks through the support range, a continuation of the downward trend will be likely.
As long as the price is above the green support range, the continuation of the upward trend is likely. Upon reaching the 100% level, a correction trend will probably form.
It is expected that the correction trend will continue to form until the specified support levels. Then there will be a possibility of a trend change. The specified time frame can cause a trend change on the chart.
It is expected that the triangle pattern will form according to the specified paths, then there will be a possibility of a trend change and the beginning of the upward trend. If the price crosses the support area, the continuation of the downward trend will be likely.
It is expected that the trend change will form in the current support area and we will see the start of the upward trend. If the price crosses the specified support levels, the continuation of the downward trend will be likely.
It is expected that a trend change will form at the current resistance level and a continuation of the downtrend will form. Otherwise, the continuation of the uptrend to the specified resistance levels will be possible and then there will be a possibility of a trend change at the specified resistance levels.
The price is expected to break through the green area and decline to the indicated Fibonacci levels. Then there is a possibility of a trend change and the start of an uptrend.
Wave B is expected to complete within the support area and the specified timeframe, and then we will see the start of the uptrend. A break above the 78.6% level will invalidate the above scenario.
It is expected that a trend change will take place within the green support area and we will witness the start of an upward trend. Otherwise, the correction trend will continue to the next support levels.
It is expected that the correction will end at the current support level and we will see the start of an uptrend. Otherwise, the correction may continue to the specified support levels. Then there is a possibility of a trend change.
Given the behavior of the index within the current resistance range, possible scenarios have been identified. It is expected that a trend change will take place and we will witness the beginning of a correction. With consolidation above the resistance range, the continuation of the upward trend will be likely.