$XVG

From where we entered "Start" on the chart, XVG correction seems to have started. This correction seems to be a diametric. By maintaining the red area, it can move towards the green box.

The low risk range for sell/short positions is the red box.

Closing a daily candle above the invalidation level will violate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You