HOOK is bearish
From where we entered "start" on the chart, the HOOK symbol has entered a large correction, which seems to be a diametric pattern.
Wave B has just ended and price has entered wave C. Wave C is expected to continue up to the green range.
Note that you need a trading setup to enter the position.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Wave B has just ended and price has entered wave C. Wave C is expected to continue up to the green range.
Note that you need a trading setup to enter the position.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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