If we look at chart, prices are going in final leg of blue wave 5 of Red wave C of gray wave of Y. Since gray wave X finished @48159 at march 2022 by completing its three wave red abc structure, gray wave Y has been going to reach its target in red wave ABC. The ideal target for this wave to finish is near 16000-17000 but it is hard to predict the actual length. It can happen any time.
Trade Recommendation: Flat - Wait until final wave complete and new impulsive rally started.
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