LDO looks bullish
From where we put the green arrow on the chart, it looks like an ABC pattern is formed on the chart.
We seem to be in wave B now. This wave is a diametric. We are now in wave g of this diametric, which is the last wave of this diametric.
We are looking for buy/long positions in the demand range.
Closing a daily candle below 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
We seem to be in wave B now. This wave is a diametric. We are now in wave g of this diametric, which is the last wave of this diametric.
We are looking for buy/long positions in the demand range.
Closing a daily candle below 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
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