Will the same scenario be repeated?

As you can see on the weekly chart, the similarity between the 2019 wave and the 2023 wave.

You will notice that there is a strong rise after breaking the resistance of 5500 in 2019 due to the impulse of the fifth wave.

We expect the same scenario to happen in 2023.

It is still an impulsive wave, which will break the resistance of 25000 and allow trading above it.

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