SYNEX | Wave Analysis - Bullish Divergence Ending Diagonal?

Price action and chart pattern trading
> A potential downtrend wave C leading to an ending diagonal with the first MACD bullish divergence
> Long Entry - wait for Elliott Channel breakout to confirm the end of the downtrend
> Target Wave 4 rebounded at SMA50 Zone
> The target wave 5 downtrend at support Wave C and Wave II zone are closed in range.

Indicator:
MACD - first bullish divergence

Always trade with affordable risk and respect your stoploss