Note
Formation of an ending diagonal at Wave5 of an impulse: In the previous chart ending Diagonal Wave5 is not proper. It is updated now.
In Wave5 price went near 394. The view of downtrend with the below target still holds with more confirmation of price trading below 2-4 trendline.
The 2-4 Trendline of recent impulse is not yet broken.
Probable targets
Target 1- 368
Target 2 - 360
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.