Wave count: 1️⃣ Drop from 65,600 → 63,450 2️⃣ Bounce to 65,056.8 high 3️⃣ Deep drop to 63,021.0 low 4️⃣ Technical bounce in progress, currently trading around 63,470
Main scenario: If price reaches 63,800-64,000 and gets rejected (reversal candle/wick), the setup favors wave 5️⃣ continuing lower, back below 63,000. Alternate scenario: A break above 64,000 with volume would invalidate this count.
⚠️ Personal technical view on M15 only — not cross-checked against higher timeframes. Not financial advice, manage your risk.