From where we entered "START" on the chart, it looks like a big correction has started.
Now it seems we are in wave C of this correction. The price can go up from the green box, for wave D, to the red box.
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
Now it seems we are in wave C of this correction. The price can go up from the green box, for wave D, to the red box.
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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