Head and Shoulder pattern [Right Shoulder] Entry 53.40 Target 1 =>52.15 Target 2 =>50.40 Neck line 52.70 ==> Price breaks the neck line and makes a nice move down. => zig zag pattern ABC
** Head and Shoulder or Descending Triangle pattern
Elliott wave 3 [3 rd wvae Extension impulse wave] Target 1 = 52.15 Elliott wave 4 have the possibility
Hi nice trade setup, I have similar view as well. Thank you for sharing.