Considering the price behavior in the current resistance range, the downward trend will likely continue If the price breaks through the resistance range, the upward trend will likely continue
Considering the price behavior in the resistance range, possible scenarios have been identified. It is expected that the downward trend will continue
A downward trend is expected to form up to the specified support range. Then, according to the behavior of the index in the support range, the continuation of the movement process will proceed according to the specified paths
It is expected that a trend change will be formed in the support range and the support trend line and we will see the beginning of the upward trend. If the price crosses the 100% level, the above scenario will be invalid
According to the behavior of the price in the range of the current ceiling, possible scenarios have been identified. It is expected that a change in the trend will take place and we will see the beginning of the correction process
It is expected that after some fluctuation and correction, the previous ceiling will be broken and we will witness the continuation of the upward trend. Otherwise, a reversal will take place and a bearish trend will be likely
It is expected that the support trend line will be broken and the continuation of the movement trend will proceed according to the specified paths. If the price crosses the resistance range, it will be possible to continue the upward trend
As long as the price fluctuates above the green support range, there is a possibility of an uptrend. Then, according to the behavior of the price in the resistance range, the continuation of the upward trend will need to be checked
It is expected that the price will rise up to the resistance range, then according to the price behavior in this range, possible scenarios have been determined.
Due to the failure of the support trend line, the continuation of the corrective trend is likely. It is expected that after the pullback to the resistance trend line, the tone of the downward trend will be formed up to the specified support levels
Considering the reaction of the price to the resistance range, it is expected that the continuation of the corrective trend will be formed up to the specified support range.
It is expected that the continuation of the downward trend will be formed up to the specified support range. Then, according to the behavior of the price in this range, there will be a possibility of changing the trend
It is expected that after some fluctuation and correction to support levels, a trend change will take place and we will witness the beginning of an upward trend.
Given the price action, there is a possibility of a triangle pattern forming. Accordingly, as long as the price does not consolidate above the ceiling of wave c, the above scenario will be valid. Then the continuation of the downtrend is likely.
The price is expected to fluctuate within the current support range, then we are expected to see the start of an uptrend.
The upward trend is expected to continue until the specified resistance levels are formed. Then, depending on the price behavior in this range, there is a possibility of a trend change.