EDU Looks bullish
From where we put the red arrow on the chart, it looks like a FLAT pattern is formed on the chart. The FLAT pattern has 3 ABC waves.
Wave C, which was a terminal pattern, has now ended and the price can move higher.
The targets are marked on the chart.
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
Wave C, which was a terminal pattern, has now ended and the price can move higher.
The targets are marked on the chart.
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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