MYRO Update (4H)

8월 6일

From where we placed the green arrow on the chart, it looks like a new pattern has formed and we are now in wave C of this pattern.

We have a supply range which is a good resistance range. In this range, the price can be rejected downwards.

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