As we said, an impulse down has started!
We expect volatility to drastically increase as prices move down
The market structure looks extremely weak with recent corrective wave failing to reach even 38.2% levels
Rally in last 4 days are clinging to the lower boundary of ending diagonal which is acting as a very strong resistance level
First support should now come in at 15400 - 15500 levels
Please be prepared as there is a good chance of prices moving down very fast!
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