This theory may not work if market bottom outs and bounces to new high. As such it is has started forming bottom pattern of H&S. Seeing the structure I too feel it may go down to 15200 but it is bottoming out ....only time will tell us.
Kash623
⋅
@santoshnlalwani, minimum target is 16300 and it will be on the chart soon.
Bravetotrade
⋅
Congratulations and well done for sharing your first idea with the community. Hope you will be having great experience. Thanks for your contribution. From mod @Bravetotrade