Strong bearish wave (A) ended at level 1547.40 after breaking uptrendline
then price pullback for retesting broken uptrendline forming corrective bullish wave (B)
Price is rejected from 61.8% Fibonacci level of preceding bearish wave at level 1576.50
Price is below Moving Average 100
It's expected for coming bearish wave (c) to target level 1527.25
then price pullback for retesting broken uptrendline forming corrective bullish wave (B)
Price is rejected from 61.8% Fibonacci level of preceding bearish wave at level 1576.50
Price is below Moving Average 100
It's expected for coming bearish wave (c) to target level 1527.25