From where we placed the red arrow on the chart, it seems that the correction of NTRN has started.
It appears to be in a triangular or diametric pattern.
The price can go up to the red range.
Price now appears to be completing wave D.
The red area is a supply, where you can look for sell/short scalp positions.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
It appears to be in a triangular or diametric pattern.
The price can go up to the red range.
Price now appears to be completing wave D.
The red area is a supply, where you can look for sell/short scalp positions.
Closing a daily candle above the invalidation level will violate the 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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💎 Daily spot and futures signals on our Telegram Join for free 👉 t.me/Behdark_EN
💎Live trade setups & profit targets on our Telegram: 👉 t.me/Behdark_EN
💎Live trade setups & profit targets on our Telegram: 👉 t.me/Behdark_EN
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.