RLC short setup
From where we entered "start" on the chart, RLC correction seems to have started.
It appears to be completing a bearish triangle now.
We will look for sell/short positions in the red range.
The target can be the green 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
It appears to be completing a bearish triangle now.
We will look for sell/short positions in the red range.
The target can be the green 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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