ALGO LOOKS BEARISH
On the chart, it seems that a bearish triangle is being completed. We are approaching the end of this triangle.
The expectation is to have a pullback to the red range and then move down.
I specified the targets on the chart. Closing a daily candle above the red range 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
The expectation is to have a pullback to the red range and then move down.
I specified the targets on the chart. Closing a daily candle above the red range 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
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