First, it was A-wave down from 590's-600's to 470's then B-wave traded between 520's to 560's & Likely we get C-wave down below 470's into the 430-440's- but as if it is premature.
Recent top@575 could be B-wave top & premature as we will for some more price actions.
Short Term Opportunity
Going below rising trendline shall be short term sell opportunity into the zone 540-545's then we will wait for bounce if that bounce respects the top@575-576 then that should be taken as a bigger sell opportunity in coming sessions.
Shall be searching for selling opportunity- gave us Wave-A
Hidden Divergence- Gave us B-Wave from 520's to 560's
Moving in the desired direction
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Abhishek H. Singh, CMT
Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw