As additional information, the equidistant channel analysis, with the attached chart, show, there is still space to go down. Look how perfectly, the point A and B achieved. Now the point D is maintaining below the center line. This show; there is enough room towards the bottom line.
Let the price action show us what is in store next week, even though, all the analysis in the below three parts ( my earlier posting) indicate an ominous week ahead. We will re- analyze it next week and find out if the theory is wrong or not. Note: Pl read the disclaimer.
Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.
