Bearish wedge

Bearish wedge breakdown is clearly visible. Breakdown has led to LLLH structure which is another sign of bearish market. Long wick has appeared but this might be just profit booking. Breakout gaps generally take time to fill up. So I epxect 61300 to act as stop loss for all incoming short in the range of 55500-57500 for target of 39100.

Disc : it's not an investment advice to buy or sell