A range is formed between SW H and SW L
Recently, the trend lines were broken and we have a bearish CH on the chart With this weak momentum, we are expected to move down
I have marked the targets on the picture Closing a daily candle above the FLIP 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
Recently, the trend lines were broken and we have a bearish CH on the chart With this weak momentum, we are expected to move down
I have marked the targets on the picture Closing a daily candle above the FLIP 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:
About 13% drop from the marked red box
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