Technical analysis by behdark about Symbol GMX on 3/17/2025

From the point where we placed a red arrow on the chart, it appears that GMX has entered a bearish diametric pattern.It now seems that wave F is nearing completion.The target is marked on the chart. it could be the green target box. If a daily candle closes above the upper red box, this analysis will be invalidated.For risk management, please don't forget stop loss and capital managementComment if you have any questionsThank YouUltimately, it dropped more than 22% , forming wave G and reaching the green zone.