As long as the price fluctuates above the support zone and the support trend line, the uptrend is likely to continue. Otherwise, a correction is possible.
It is expected that within the current support range and the specified time frame, a trend change will take place and we will witness the beginning of an upward trend.
The upward trend is expected to start according to the specified directions and if the price breaks through the resistance area, confirmation of the upward trend will be possible.
The price is expected to fluctuate within the specified range. Then there is a possibility of a trend change and the start of a downward trend. If the price consolidates above the red resistance level, the upward trend will likely continue.
If the price breaks through the current resistance levels, the upward trend will likely continue. Otherwise, the downward trend will likely continue to the specified support level.
If the price can consolidate above the current support level, the upward trend will likely continue. Otherwise, the correction will continue to the specified support levels.
Considering the price behavior within the current resistance range, possible scenarios have been identified. As long as the price does not stabilize above the resistance range, the continuation of the downward trend will be likely.
It is expected that a trend change will form within the specified time frame and we will witness the start of an upward trend. If the price crosses the support range, the continuation of the corrective trend will be likely.
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 crosses the support range, the continuation of the corrective trend will form. A trend change can form within the specified time frame.
It is expected that a trend change will take place at the current resistance level and we will witness the beginning of a correction. If the resistance level is broken, the index can advance to the next resistance level.
As long as the price fluctuates above the green support level, the upward trend is likely to continue. A break of the red support level will cause a continuation of the downward trend.
Considering the price behavior at the current resistance level, possible scenarios have been identified. As long as the price fluctuates above the 38.2% level, the upward trend is likely to continue.
It is expected that a trend change will form in the current support range and we will witness the start of the upward trend. Otherwise, the continuation of the downward trend to the support levels will be possible.
Given the price behavior in the current support range, it is expected that the beginning of the upward trend will occur. Otherwise, the continuation of the corrective trend to the specified support levels will be possible.
It is expected that the corrective pattern will end in the current support range and we will witness the start of the upward trend. A break of the resistance trend line will be a confirmation of the upward trend. Then it can advance to the previous ceiling range.
If the price breaks the resistance range and consolidates above this range, the upward trend will likely continue. Otherwise, a downward trend to the specified support levels will be possible.