From where we put the green arrow on the chart, it seems that ATA has formed a triangle.
Now, according to ATA, it intends to complete wave E of this triangle, after which we should see the price drop towards the TPs indicated on the chart.
Closing a daily candle above the invalidation level will violate this 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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