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If 1280 Support line is respected, then we can expect a formation of Right Shoulder.
Might see little resistance around 1610-1615 Range.
Break down of Recent trend line.
Near to Recent support and resistance line.
Clear half formed H&S pattern.
Sounds to be a clear sign of Short.
Below 1764, the there is a lower low getting formed, also breakdown of flag pattern
Wave C is on the way.
There might be a potential reversal in 230 to 225 Range.