It appears that GLM has entered a triangle formation at the point marked by the red arrow on the chart. Currently, it seems to be at the end of wave D.
A buy position can be considered at the green zone during wave E.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Trade active
It dropped by more than 36% and reached the entry zone.
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