Bearish continuation
As we can see price is on a bearish momentum and we can see with the formation of a HH(Higher high) at point B and formation of various HL(higher lows) after it. Am expecting price to reach the 1243.11 level(point C) and expecting a turning point to point D. We can als confirm this move through the Elliot Wave analysis as we are in the third leg of the wave in a bearish scenario.
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