RENDER UPDATE (1D)

694
RENDER seems to be in a long-term diametric formation.

Wave D also appears to be a diametric.

It is in wave D of D. It could retrace upwards from the green zone.

A daily candle close below 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

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.