From where I wrote start on the chart, a bullish branch has started, which looks like a diametric.
It seems we are now at the end of wave D of this diametric. If the price reaches the green box, we will enter the buy/long position.
The E wave can advance even up to TP 2.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
It seems we are now at the end of wave D of this diametric. If the price reaches the green box, we will enter the buy/long position.
The E wave can advance even up to TP 2.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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