Bullish View

Bullish Scenario:
We need to break $6849.7
If it breaks and we climb,
$6849.7 becomes the new support and
we'll be on our way to the potential bull market

3 Test Zones:
Test 1: Trendline at $6539 (BROKEN)
Test 2: Heavy Resistance at $6849.7
Test 3: $7770. Trendline since 6th March

Bearish View

Bearish Scenario:
If we fail to break $6849.7
We could see a sharp drop
As this would be Wave 3 of Wave C

IMPORTANT

We can see Negative Reversal forming. Please becareful.

Without Risk there can be No Possibility of Reward.