Based on the data we now have on the RNDR chart, it looks like this symbol is forming a large diametric.
This diametric seems to have started from the place marked "START" on the chart.
Now the bullish wave E is ending and the price from the specified supply range is susceptible to a serious drop to complete the wave F of this diametric.
We specified the targets on the chart.
We also specified the invalidation level on the chart. Closing a daily 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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