Could this possibly be a start of downside on the daily chart to break the previous low?
Anticipating change in trend to the upside. This could possibly be a reversal on the daily time-frame as well.
Anticipating the 3rd wave of correction or change in trend to the upside. Either way it appears to be a good buy to me
I doubt 10,650 resistance would hold. Short term, I am looking at 10,775 before the expiry and probably after some correction it should go higher
Possibly one last move down before the change of trend to the upside
One of the first attempts at wave theory/technical analysis.