The correction has started from where we entered "START" on the chart.
It seems that we are in an ABC or a more complicated pattern.
Now it looks like wave B, which was a triangle, is over. And we have entered bear C wave.
The targets are marked on the chart. When we reach the first target, save some profit and then change the stop to entry
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
It seems that we are in an ABC or a more complicated pattern.
Now it looks like wave B, which was a triangle, is over. And we have entered bear C wave.
The targets are marked on the chart. When we reach the first target, save some profit and then change the stop to entry
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade chiuso: obiettivo raggiunto:
AUCTION dropped and moved towards the targets
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