After completing the large A pattern, we seem to have entered a diametric diamond pattern.
The recent upward movement seems to be of the same diametric for wave D, that is, the diametric of wave B is large.
In the red area, it can be rejected downwards.
We can look for sell/short trades in the red zone
Do not enter any position without setting stop and capital management
The recent upward movement seems to be of the same diametric for wave D, that is, the diametric of wave B is large.
In the red area, it can be rejected downwards.
We can look for sell/short trades in the red zone
Do not enter any position without setting stop and capital management
Commento:
After hitting the red box, it dropped about 19%
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