By analyzing the complete CFX data, it can be observed that wave C of a larger structure has been completed.
Wave C formed a triangle, and its final wave, wave E, has also been completed.
It is expected to remain bearish in the long term and eventually deliver good returns from the green zone in the future.
A daily candle closing above the invalidation level will invalidate this outlook.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Wave C formed a triangle, and its final wave, wave E, has also been completed.
It is expected to remain bearish in the long term and eventually deliver good returns from the green zone in the future.
A daily candle closing above the invalidation level will invalidate this outlook.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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💎More charts. More insights. only on our Telegram:
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.