It looks like it is going to finish the big C wave which is a triangle and enter the D wave.
Wave D is bullish.
We have two entry points marked on the chart.
The target can be the red box.
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
It pumped by more than 58% from the specified zone and then was rejected
Disclaimer:
The information provided here is intended for informational and educational purposes only. It does not constitute financial or investment advice. Always perform your own research before making any investment or trading decisions.
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