I did my mistake in the previous analysis regarding to elliot wave. Here I done reconstruct by connecting elliot wave which is suppose to help guide the next price movement. Here we can see the price fall to 170 and if that price break the previous resistance we might see the last correction wave C. However the price havent touch 160 which is the next support. If the price fall back to 160 it could be bounce off and begin new impulse wave. But if 160 break price could fall back to 120 area support and this should be the final wave C. Let me know what you think.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.