Where is HIPPO going? (12H)After the upward move, it seems HIPPO has entered a diamond-shaped diagonal in the form of wave X. It now appears to be completing wave E, which is bearish.
For buying, it’s better to look for entries at the bottom, near the last order blocks.
This is the view we have on HIPPO.
The closing of a daily candle 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
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