RAYSOL is bullish (1H)From the point marked as start on the chart, it appears that a bullish diametric pattern has formed, showing strong upward movements. We will wait for wave e to complete, and at the end of wave f, we’ll look to enter a buy/long position to capture wave g.
Given the strength of the bullish legs, taking a sell/short position could be risky — we’re only looking for buy/long setups.
Targets are indicated on the chart.
A 4-hour candle close below the invalidation level will invalidate this 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
