Updated

NKN ANALYSIS (1D)

First of all, note that NKN's movements are full of shadows and move slowly.

We have 3 big ABC waves on the chart. Wave A and B are over and now we are in the big C wave.

Wave C looks like a diamond diametric, and now the price is completing the bullish wave F of this diametric.

By keeping the green box, it can move towards the red box

Closing a daily candle below the invalidation level will violate the analysis

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

Trade closed: target reached

After hitting the marked green box, 72% was pumped and reached the marked red box

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