GLM LOOKS BEARISH
Updated
It seems to be at the end of the F wave. It is now in the B wave diametric.
A long shadow resistance range has been created, which we marked with LSH.
By maintaining the red range, it can drop towards the targets.
The targets are marked on the chart
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
A long shadow resistance range has been created, which we marked with LSH.
By maintaining the red range, it can drop towards the targets.
The targets are marked on the chart
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
After hitting the red area, it dropped 18% and TP 1 was hit
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