cyber will drop more
Updated
After the downtrend CH has had, it has entered a downward trend and then we have seen BOS
Continuously we can observe HL and LHs.
Also, the price is below a dynamic resistance.
It is now on a support that I expect to break to the downside.
Eventually I expect to reach the green area.
Ispecified the invalidation level that closing a 4-hour candle above this 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
Continuously we can observe HL and LHs.
Also, the price is below a dynamic resistance.
It is now on a support that I expect to break to the downside.
Eventually I expect to reach the green area.
Ispecified the invalidation level that closing a 4-hour candle above this 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
Note
After hitting the specified resistance range, it dropped about 19%
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