From the place where we entered "START" on the chart, our correction has started.
AR seems to be forming a triangle.
We are now in wave D of this triangle. Wave D is a large diametric.
We are now in the last wave of this diametric
In the red box, we wait for wave D to end and enter wave E.
Wave E here is a bearish wave.
The targets are marked on the picture.
Closing a daily candle above the invalidation level will violate the analysis.
invalidation level : 53.9936
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
AR seems to be forming a triangle.
We are now in wave D of this triangle. Wave D is a large diametric.
We are now in the last wave of this diametric
In the red box, we wait for wave D to end and enter wave E.
Wave E here is a bearish wave.
The targets are marked on the picture.
Closing a daily candle above the invalidation level will violate the analysis.
invalidation level : 53.9936
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
Trade active:
After hitting the red box and finishing the g wave, it is moving from D to the targets.
It dropped more than 13% and 1 TP was hit
It dropped more than 13% and 1 TP was hit
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