AS per my analysis, there is little confusion, whether we have started impulse Wave5 or still we are in Wave4 Correction.
Have attached both possibilities in the below charts.
Support: 42.40
If it is wave 4 correction, upside targets: 53, 57, 59.5
Resistance: 54.20
If it is wave 5, downside targets: 43.65, 39.8, 37.3, 35.7, 33.2
Have attached both possibilities in the below charts.
Support: 42.40
If it is wave 4 correction, upside targets: 53, 57, 59.5
Resistance: 54.20
If it is wave 5, downside targets: 43.65, 39.8, 37.3, 35.7, 33.2
