PULLBACK OR TREND REVERSAL?

If you see NIFTY 50 it is perfectly following the fibonacci retracements levels...like 1.618 in APRIL was a resistance and 2.272 is now a resistance level...If NIFTY 50 has to reverse it has to form a 5 wave correction to call it a trend reversal...else if we don't form it...the price will head higher
Will be updating regularly as the price action unfolds
FOLLOW me for more such content ahead...Till then,
HAPPY TRADING :)