Upcoming wave is Eillot impulsive wave - 2 and target is 580. Eillot Impulsive wave 1 correction of 5th wave is almost breakdown. even price moving in range with high and lows trend lines.
so considering the new the new wave 1st target will be 580 later on 605 with a short period.
havent taken the trade yet still researching for the unconfirmed impulsive wave to start.
will update you guys as i took the trade.
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Took a trade at 555 in opening today with target of 580.
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we can still look for long enteries with target of 630 in short period.
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