There has been a sharp upward movement and this movement has ended from where we entered start on the chart and the correction has started from this point.
It seems that our movement is a diametric. We have identified the first serious supply on the chart and it is expected that wave d will end in this range and then we will enter wave e.
We specified the targets on the chart.
We specified the invalidation level on the chart. Closing 1 daily candle above this 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
Comment
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17% was pumped from the green box and it reached the specified resistance, we need confirmation for the drop
Trade active
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It was rejected from the red box towards the first target.