behdark

COMP SHORT SETUP

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OKX:COMPUSDT   Compound/Tether
An ABC is seen which appears to have been a bearish triangle wave B.

Now it seems that you are in the final wave of this triangle, i.e. wave e of B

The red box is expected to drop towards the specified targets.

I put the targets on the chart. Closing a 4-hour candle above this 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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