IO still looks bearish

٦ أغسطس ٢٠٢٤

We have a pattern with price-time similarity that looks like a diametric.

The length of each branch is between 22-23 days.

We seem to be in wave C now.

The vertical line is the minimum time that wave C should have.

We are looking for sell/short positions in the supply range.

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

١٢ أغسطس ٢٠٢٤

تم فتح الصفقة

From the specified supply, it dropped more than 16% so far