it just ended its Corrective Wave A with the ending diagonal . It will most likely retrace back to the target zone. But I have to confirm the shape of the wave B to specify the retracement %. Since Corrective wave A is zigzag , Wave C will probably have the same length which is about 16000. So At the end of Wave C will be whatever confirmed price at the end of wave B(54000-61000) -16000. So shorting once the wave B has ended will get you good profits
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