According to the structure of the waves, it seems that the SHIBA correction will continue.
The correction has started from where we entered "START" on the chart.
It seems that we are in an ABC or a more complicated pattern.
Wave B looks like a triangle with only one wave left.
We expect another downward wave from the red range.
Closing a daily candle below 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
The correction has started from where we entered "START" on the chart.
It seems that we are in an ABC or a more complicated pattern.
Wave B looks like a triangle with only one wave left.
We expect another downward wave from the red range.
Closing a daily candle below 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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