MACD has begun to reverse. Alternation is satisfied in the wave count.
We have a bullish doji forming on the daily. A close above 12000 would indicate a temporary reversal
We would prefer an impulsive move upwards above 15000 to confirm the beginning of wave 5.
Entries at the 9000-10500 levels would be ideal. A strong break bellow 9000 would lead to a fall to prior support around the 7000-8000 levels.
if the wave 1 is confirmed entry at the terminal end of the C wave would be ideal at a retracement level of 0.618
