Topic : We expect a correction due to the price hitting the 506.18 resistance area using a strong downtrend.
Our target price range is 520.80 because: 1- It is a resistance area to which the price has reacted many times 2 - is at the level of 0.5 of our descending wave
Given all these arguments, one can expect a corrective move to the target price area
I look forward to hearing from you dear ones about my analysis
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