(Preliminary Analysis – No Clear Confirmation Yet)
The only factor supporting the diagonal possibility is that the rise marked in red is not an impulsive wave, which could indicate a classic ending diagonal formation.
However, the starting point of the third wave of the diagonal remains uncertain. It could start from the current level or after a drop to around 60K before initiating an upward move.
As stated in the title, this analysis lacks strong confirmations and should be viewed as an early observation. 🔍📉📈
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