Where is the top of the inverse H &S -like structure?


Short-term bull market with the inverse H & S -like market structure.
It seems a corrective wave with a three-wave structure is about to complete.

I'd like to see how the gray trendline will play out.
The theoretical target for IHS is around FE2 or even higher, but be cautious of it ending up in a bull trap...
I would short at major FE resistances of 17350 and 17700... with shallow SL.
Elliott Wave

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