Hello.
After many years, I came back again at the important point of decision so that I might be able to help my friends.
In the weekly time frame, ab=cd with the target range of 80050 to 85000 (1.273 fibo level) will be the first target, at the same time the V pattern of the price or maybe cup will be completed, and then pull back to the neck line of the pattern and repeat the classic AB=CD V pattern with the target around 116400-118500 This can be the first target in the mid-term, but in the short term, the market needs a catalyst, which seems to be injected in the coming days based on fundamentals.
Good luck
After many years, I came back again at the important point of decision so that I might be able to help my friends.
In the weekly time frame, ab=cd with the target range of 80050 to 85000 (1.273 fibo level) will be the first target, at the same time the V pattern of the price or maybe cup will be completed, and then pull back to the neck line of the pattern and repeat the classic AB=CD V pattern with the target around 116400-118500 This can be the first target in the mid-term, but in the short term, the market needs a catalyst, which seems to be injected in the coming days based on fundamentals.
Good luck