NFP Roadmap (1D)

It seems that the NFP has entered a corrective phase from the point where we placed the red arrow on the chart.

Currently, it appears to be in the bearish wave C of this phase, and wave C itself is a symmetrical pattern. At the moment, we are in wave g of this symmetrical pattern.

This symmetrical pattern could complete in the green zone, and the price may enter wave D, which is a bullish wave.

In the green zone, one could look for buy/long positions. it’s best to enter a position with confirmation.

A daily candle closing below the invalidation level would invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You