From where I entered "START" we have an ascending diametric pattern.
This pattern is over and we have entered the first wave of another pattern. If the second upward wave of the new pattern is formed, we will look for a sell/short position in the red box.
Note: This is not a buy/long signal, but a sell/short signal, that is, if it reaches the red box, we open a sell/short position, and if it does not reach the red box, we do nothing! And we are not looking for buy/long transactions in the lower green box!
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You