by Sanjay A, June 22, 2022
by Sanjay June 22, 2022
Price is at the 178.6% extension of (A) vs (C) and an area of daily resistance. However, the wave count does not look complete and a marginal new high may occur. But, the shorter term wave count suggests another large drop. Also, MACD is showing divergence.
Stop: 1.6924 Target: 1.6535
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