SSV looks bearish
Updated
From where we placed the red arrow on the chart, it looks like the bullish SSV wave has ended and is now entering a correction phase.
The correction pattern looks like a diametric as we are now in the middle of wave E.
We will look for sell/short positions in the red box.
The targets are marked on the chart.
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
The correction pattern looks like a diametric as we are now in the middle of wave E.
We will look for sell/short positions in the red box.
The targets are marked on the chart.
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
Trade active
After hitting the red zone, it dropped more than 17% and TP1 was hit
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