rndr has been forming a large bearish triangle for some time now. We now seem to be in wave E.
The waves of this triangle are for the daily time frame and it takes time.The red box is the right place for the termination of the last wave of this triangle, i.e. wave e, and then the symbol can enter a strong falling wave. You must control your risk and do not enter a position without capital and volume management.
The waves of this triangle are for the daily time frame and it takes time.The red box is the right place for the termination of the last wave of this triangle, i.e. wave e, and then the symbol can enter a strong falling wave. You must control your risk and do not enter a position without capital and volume management.
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