The index value continues to compress, presumably forming a terminal diagonal triangle. In the coming days, this model is likely to attain its final form, thereby completing the development of the entire upward impulse. In this case, a strong downward movement is expected, which can be pursued.
To enter at the safest point, it is recommended to wait for a breakdown of the lower boundary. In this instance, we will join an already well-accelerated asset. Attempting to enter in either direction before this moment is not advisable, as the price may undertake some manipulative movement.
Investment idea: SELL 21600, SL 21800, TP 20000.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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