JSL - Corrective Decline C wave to go down?

CMP: 682

TF: 30 Minutes

The hourly chart with counts is copied below.



While the conservative (ab=bc) target is placed at 640; the 50% and 61.8% Fib retracements levels of the entire move is placed at 590 and 620 levels. We can expect these levels to be tested in the coming days..

We need to see how the price behaves at the channel extremes to determine if the fall extends further.


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