It seems that a head and shoulder pattern was confirmed from . And a potential and are forming. Target for this two are extremely the same which forms a very strong potential reversal zone at 39.9~40.2.
Open short at around 48.5~49 if it retests the neck level with SL at 49.8
TP2: 44 .7
Break out of the will confirm the decline. I will add more positions when it confirmed.
As for time target of this correction you can refer to the analysis below.
Good luck for everyone!
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