This is a short term Elliot wave representation. Currently we are in wave#3. If 152-158 is not breaking down. We are possibly headed to 121-110 to complete 240% to 260% of wave 2-1. Once done a small correction to upside and we go down to complete the downward targets of 85 and below.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.