Breaking of 1398 can take it to 1364, 1293, 1220
Wave 3 or wave 5 itself seems to have completed.
If it is wave 3 completion then 38.2% retracement lies at 1220. If its wave 5 completion then 38.2% level is at 1167.
Price has also fallen below MA.
If it is wave 3 completion then 38.2% retracement lies at 1220. If its wave 5 completion then 38.2% level is at 1167.
Price has also fallen below MA.
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