GLM Buy setup (1D)
Updated
It appears that GLM has entered a triangle formation at the point marked by the red arrow on the chart. Currently, it seems to be at the end of wave D.
A buy position can be considered at the green zone during wave E.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
A buy position can be considered at the green zone during wave E.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
It dropped by more than 36% and reached the entry zone.
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