It is expected that the correction process will continue according to the specified path and we will see a change in the support levels. If the price crosses the 100% level, the continuation of the correction process will be possible
It is expected that some upward swing will be formed and then the continuation of the downward trend is likely. If the index crosses the resistance range, the upward trend will continue and it can advance up to the specified resistance range.
The price is expected to fluctuate above the current support range, and once the corrective pattern is completed, an uptrend is likely to begin. If the price crosses the support range, it will be possible to continue the downward trend up to the levels and the support trend line.
It is expected that the price will fluctuate in the current support range and then the beginning of an upward trend to the resistance range will be formed. If the price does not cross the resistance range, it is expected that a corrective trend will be created with a gentle upward slope
According to the behavior of the price in the current resistance range, the possible scenarios have been identified. It is expected that the upward trend will begin after crossing the 78.6% level.
It is expected that the price will change the trend at the level of 78.6% and then we will see the beginning of the downward trend. Otherwise, by crossing the 78.6% level, it will be possible to continue the upward trend and it can cross the resistance trend line.
It is expected that the price will fluctuate according to the specified path, and after the completion of the corrective pattern, an upward trend can be formed. If the price crosses the support range, the upward trend will be canceled
It is expected to stabilize after some fluctuation above the support area, and then the start of the upward trend is likely, if the price crosses the support area, the continuation of the downward trend is possible
Considering that the index has crossed the support range, it is expected that the continuation of the downward trend will be formed until the specified support levels. In this case, a medium-term downward trend will probably be formed
According to the behavior of the price in the current resistance range, possible scenarios have been identified. A downward trend is expected. If the price crosses the resistance range, the upward trend can advance up to the previous ceiling range or beyond it.
Given that the price has crossed the 78.6% level, the recent bearish wave is expected to be part of a correction. It is expected that a trend change will be formed in the current support range and we will see the beginning of the upward trend. By crossing the support range, the above scenarios will become invalid
It is expected that the price will be formed in the current resistance range of the trend change and we will see the beginning of the correction process. By crossing the resistance range and the resistance trend line, the continuation of the upward trend is likely. If the price crosses the support range, it will be possible to start a downward trend
According to the structure of the corrective pattern, it is expected that the price will cross the resistance range and advance to the specified Fibonacci levels. If the price is not able to stabilize above the resistance range, a downward trend is expected to form until the support trend line.
If the price fluctuates below the current resistance range, it is expected that the continuation of the downward trend will be created by breaking the support range. If it stabilizes above the resistance range, the above scenario will be invalid