After the completion of wave A, which was a bullish rally, the price has now entered a correction phase.
The correction phase corresponding to wave B looks like a large diametric that we are now completing wave E of.
There is a green area on the chart, if the price reaches this area, we will enter a buy/long position
The target can be the red supply box.
Closing a daily candle below 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 zone, it dropped more than 29% and The green range was touched
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