we're short from 6444.00 | 15 August 2018

During the previous trading day the corrective wave (4) pulled slighlty to the upperside but is still below the 4 hour resistance line 6440.This is a key level and as long as it protects the upperside, we're waiting for a clear rebound from it to pick an short order with an ultimate target at 4000.00. The anticipated bearish price rally is the continuation of the impulsive wave (5) and should first breakout below last weeks lowest low before a move further to the lowerside is seen. Accordiung to the chart above, only a sell position around 6444.00 can be recommended.

we're short from 6444.00

!Attention!

All bonus participates in drawdown!

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