FLOKI is in the middle of correctionFrom the place where we placed the red arrow on the chart, it seems that FLOKI's correction has started.
This correction looks like a big diametric as we are now in wave D of this diametric.
From the red range, we expect a downward price rejection.
Closing a daily candle above the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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