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Potential Reversal ⚡️
👉 After observing an impulsive upward wave, with the last wave forming within a diagonal pattern and followed by a double zigzag corrective structure representing wave (2)/(B), the price is now moving within wave Y as a sub-wave of this downward correction. Based on this, we expect the following:
* The decline is likely to continue within wave Y of wave (2)/(B).
* This bearish wave may reach the area between 134.40 and 131.61 as a potential reversal zone. 〽️
* If the price reverses from this area, a subsequent rise may occur.
⚠️ A breakout below the 123.27 level will invalidate this bullish scenario.
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