RON Looks Bullish (1D)

From the point where we placed the green arrow on the chart, it appears that RON has entered a large diametric pattern.

It now seems that wave D has completed, and the price has entered wave E.

As long as the green zone is maintained, it can move toward the target above $8-11.

Closing a daily candle below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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