KSM Buy/Long setup (8H)

From the point where we placed the red arrow on the chart, it seems that KSM is forming an expanding triangle or a diametric pattern. Waves A through D have completed, and we are currently in wave E. Wave E is a bearish wave.

We have identified two entries for buy positions.

If the price reaches our entry levels, we will enter buy positions.

The targets are marked on the chart.

A daily candle closing below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You