Wave reversal might give target 1 ....159 ,23.6%
Target 2....................154, 38.2%
Target 3 150, 50%
Target 4....146 , 61.8% of its recent top.
Trend reversal to trust after touching one of the above mentioned levels and a positive candlestick made on a 4 hour chart.
151.5 level is the tenkansen in daily chart which might act like a cushion to push up the price will be a buying opportunity with a stoploss at 143 and target of 172.4 which is kijunsen in daily chart and will give strong resistance. With 1:3 risk reward strategy it looks a good bet.