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I think this descending broadening wedge is still in play and the price is under a resistance line as you can see in the chart. I expect that the market will go down at the 18600 area and then we expect a move to the upside. at 19220 area.
if the market be able to break the resistance from descending broadening wedge we can see the price at the 19500 and 20000 area.
I think this descending broadening wedge is still in play and the price is under a resistance line as you can see in the chart. I expect that the market will go down at the 18600 area and then we expect a move to the upside. at 19220 area.
if the market be able to break the resistance from descending broadening wedge we can see the price at the 19500 and 20000 area.
Comment:
Second target hits!