LUNC ANANLYSIS (2D)LUNC, after a strong pump in the form of an X wave, appears to have entered a diametric pattern and is now at the end of Wave E.
In the green zone, we are looking for buy positions in spot, while in the red zone, we are looking for sell/short positions in futures.
To invalidate the buy and sell outlooks, we have marked two invalidation levels on the chart. If a daily candle body closes above or below these levels, the respective outlook will be invalidated.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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