Update of the previous chart...
There is no bullish sign and volume is funny.
if we break volume area low and daily support the next support is 16208 (Daily)
cant see any bullish structure.
I'm still Bearish. (I CANT SEE ANY BULLISH STRUCTURE)
We are in a downtrend and if we lose 16437 (Volume area high and daily support) the next target will be 16208.
TA: Elliott impulse wave (12345) - Elliott correction waves (ABC) - Falling Wedge Pattern - RSI in weakly time frame is still bearish . I can't see any bullish market structure
Macroeconomics: EUR problems bcz of Russia inflation - covid-19
