In my previous analysis on 20/12/2017 I issued a potential breakdown alert - ''Instrument seems eager to break down out of what appears to be a terminal wedge
. In light of this, break and close below 16000 may trigger a number of stop losses and provide a decent correction. If this is a terminal wedge
, price may retrace back to origin of triangle.'' Well stops have been triggered indeed and 1st objective of 11720 has been reached in a hurry. Thank you to all those who supported my theory. Look out for a re-test of 16000 to re-load shorts for a further break down to origin of wedge
. Good luck.