ARK LOOKS BEARISH
Updated
It looks like we have a bear structure for wave B.
A large B wave looks like an ABC or more complex pattern.
We now seem to be in wave b of B.
By maintaining the specified supply, it can move towards the targets.
Closing a daily candle above the invalidation level 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
A large B wave looks like an ABC or more complex pattern.
We now seem to be in wave b of B.
By maintaining the specified supply, it can move towards the targets.
Closing a daily candle above the invalidation level 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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After hitting the red area, it dropped more than 20% and TP 1 was hit
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