Probably impulsive move is over, corrective 'abc' wave down side is expected.
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Comment:
Ist target 907 has broken & moving down
Comment:
Price touched 873 level and bounced.
Comment:
Don't attempt for any position wait for favorable set up.
Comment:
Probably another dip may start soon
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Comment:
Predictions :-
No. 1 : If price at 970 is the end of ' v ' th wave (green) then we can expect 'abc' correction down side.
No. 2 : If ' v ' th wave (green) is not finished then little more up side is expected then corrective wave 'abc' down side.
No. 3 : If the complete 5 waves (green) up move is the Ist wave of bigger 5th wave (black) then 2nd wave 'abc' is expected down side.
No. 1 : If price at 970 is the end of ' v ' th wave (green) then we can expect 'abc' correction down side.
No. 2 : If ' v ' th wave (green) is not finished then little more up side is expected then corrective wave 'abc' down side.
No. 3 : If the complete 5 waves (green) up move is the Ist wave of bigger 5th wave (black) then 2nd wave 'abc' is expected down side.
Trade closed manually