DECISIVE POINT ABC correction or ABCDE bullflag.

We are at the most important point of the last weeks. If the support hold we should see the beginning of the wave D which will be a bullish signal. If the support doesn't all, we gonna reach 8500 area or worst.

For the first time daily MACD could sent a bearish signal
RSI is shortly oversold.

People should wait a little before take any position.

Comment:

Maybe the bottom is in for today... but the ascending support on 4 hours charts is broke, and on 1h chart our crucial support have been hurt strongly... We should see a little recovery from here .. but i think a massive correction is now possible in the comings days/weeks.

Feel free to post your minds :)

Trade closed: target reached:

ABC progression in progress.