- It was in overall down trend and completed double zigzag
correction. The drop is having different EW structures, but overall bearish
counts seems dominating. Sell with stops above 5.662 near 5.45-5.51 for C wave down side target below 5.00 level. This is the simple abc zigzag
pattern of corrective downn cycle.
Give thumbs up if you really like the trade idea.