ACE looks bearish
Updated
From where we placed the red arrow on the chart, the ACE correction has started.
The pattern seems to be a diametric and we are now at the end of wave D.
By maintaining the red range, it can enter the E wave.
The targets are clear on the chart.
Closing a daily candle above 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
The pattern seems to be a diametric and we are now at the end of wave D.
By maintaining the red range, it can enter the E wave.
The targets are clear on the chart.
Closing a daily candle above 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
Trade active
Since the analysis, it dropped more than 32% and TP1 and TP2 were hit
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