The previous big correction looks like an ABC with a terminal wave C that has ended and the price has entered a bullish diametric. It looks like it is now in the middle or end of wave E. If a correction is formed for the F wave, you can look for a buy/long position.
The target of the red box is supply.
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