From where we entered "START" on the chart, the LPT correction seems to have started.
LPT correction seems to be an ABC as we are now in wave B.
Wave B looks like a triangle, we are now in wave d of this triangle.
The green area is where to look for buy/long positions.
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
LPT correction seems to be an ABC as we are now in wave B.
Wave B looks like a triangle, we are now in wave d of this triangle.
The green area is where to look for buy/long positions.
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
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