The price was rally to 1917.58 and that area @ 1917.58 serve as a strong resistant.
There are two possibilities:-
1) If the candle would be able to break through this level, it will be a good uptrend. The breakout will be a strong bullish candle; otherwise
2) It will hit that level and fall to area @1740 to form a wave Z.
The above analysis is via trend analysis and elliot wave count.
There are two possibilities:-
1) If the candle would be able to break through this level, it will be a good uptrend. The breakout will be a strong bullish candle; otherwise
2) It will hit that level and fall to area @1740 to form a wave Z.
The above analysis is via trend analysis and elliot wave count.