Nice scheme of Eliott impulsion wave. Steps 2 and 4 are on fib's lines resistance 0.5 and 0.618 which confirm Eliott impulsion. Now be ready for wave 5 ! Two options for this wave 5:
It can't break 6800 big resistance, and come back to 6500, before going down again..
It break 6800, and we'll visit 7k again ! Around 7200 to be precise.
Another option is that step 4 is not yet reach, and we'll have to wait a little for wave 5.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.