BAND looks bearish
Updated
From where we placed the red arrow on the chart, it looks like a BAND correction has started.
BAND seems to be forming a complex diametric which is now in the middle of wave E.
We are looking for sell/short positions in the supply range.
Closing a daily candle above the invalidation level will violate 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
BAND seems to be forming a complex diametric which is now in the middle of wave E.
We are looking for sell/short positions in the supply range.
Closing a daily candle above the invalidation level will violate 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
Trade active
Our intended move was done, it dropped more than 33%
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