GMX sell/short setup

9월 1일

From where we put the green arrow on the chart, it looks like a triangle is forming.

Now we seem to be at the end of wave d.

We are looking for sell/short positions in the red range. In this range, the e-wave and the whole triangle can be completed.

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