MAGIC LOOKS BEARISH

6 thg 4, 2024

MAGIC seems to have formed a large diametric which is now in the middle of wave D of this diametric.

The green range is expected to support and pump to form wave E.

Closing a daily candle above the invalidation level will violate the analysis

TP 1 is also an important support.

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

12 thg 4, 2024

Giao dịch đang hoạt động

After hitting the red box, it dropped more than 28%

25 thg 6, 2024

Giao dịch đang hoạt động

The drawn path was followed correctly and MAGIC dropped more than 50%

29 thg 7, 2024

Giao dịch đang hoạt động

Reaching the lower green range, we expect bullish moves in large degrees for MAGIC.

We are looking for buy/long setups in these ranges

Closing a daily candle below the invalidation level will violate the buy view