Forecast: - If the Price Hits the 1640 Marker, We Shall wait for Verification, and Expect a Long. - If the Price Hits the 1600 Market, We Shall Wait for Verification, and Expect a Long Reaching 1640 Marker.
In Both Scenarios, If the Price Goes out of the Correction, A Long is More Probable to happen.
Note: - These Forecasts are Observational Forecasts, and should not be used in applying any trading strategies.
Komen
⋅
Still on Consolidation, with no significant Validation.