We are expecting a 1203.20 Higher Low on this 1D Channel Up. Even a break-out below since there are fundamental reasons behind the recent week long uptrend:
WaveExpert
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@InvestingScope, look at the chart and i showed that we may expect a correction here. means corrective just like the previous one.. if that happens then we will trade on upside breakout; if not then we will leave it. but trade downside is bit risky according to my analysis.. so i wont go for that ;)