It looks like a bearish triangle is being completed. By examining the waves, we can see that it is now rising for wave E.
Expectation to be rejected from the supply range.
The targets are clear on the chart. We also specified the invalidation level on the chart. Closing 1 daily candle above this level will invalidate 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
Expectation to be rejected from the supply range.
The targets are clear on the chart. We also specified the invalidation level on the chart. Closing 1 daily candle above this level will invalidate 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
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