The correction of MKR seems to have started from the point marked START on the chart.
This correction appears to be a diametric pattern, and we are now in the late stages of wave F, which has been a bullish wave.
It is expected that from the red zone, wave G a bearish wave will begin.
The closure of a daily candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
This correction appears to be a diametric pattern, and we are now in the late stages of wave F, which has been a bullish wave.
It is expected that from the red zone, wave G a bearish wave will begin.
The closure of a daily candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.