From the point where we placed the red arrow on the chart, it seems that KSM is forming an expanding triangle or a diametric pattern. Waves A through D have completed, and we are currently in wave E. Wave E is a bearish wave.
We have identified two entries for buy positions.
If the price reaches our entry levels, we will enter buy positions.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
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