Elliot wave Analysis # Bearish Sequence

150
PEL

Confirmation to Sell PEL @ 1450 level
Invalidation level @ 1455
Intraday Target: 1440, 1430PEL
Risk Reward: 0.34 : 1.38

Trading Psychology- “Short term volatility is greatest at turning points and diminishes as a trend becomes established.” – George Soros

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