** the index broke an important downtrend line and surged to up after then currently is taking a rest inside an ascending triangle, once it will break to up, it will go to that target regardless any bearish retracement you would find on the way ** The index is meant to go to higher than that once it will break the purple down trend line even which I expect to happen! ** The time frame on the chart is 4H
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.