Completed a wave cycle hence could be a good short. Ending Diagonal Triangle SL 938, Target 730 (50% Retracement)
You can see sideways part in an rectangle which is usually in 4th wave. Then when triangle was broken start it confirmed start of new impulse. Here Trendline was drawn which was a correction trend line, here point to note is it is broken in 3rd wave of impluse. When a 5 wave structure was completed then started correction, here correction was in ABC form. Which...