BNX ANALYSIS (1D)

٢٣ يوليو

According to the structure that we see for the waves on BNX, a triangle and diametric can be seen that we are now inside the diametric. We seem to be at the end of wave E of this diametric.

In the red box, the E wave can end and the price enters the F wave, which is a bear wave.

Closing a daily candle above the invalidation level will violate this analysis and view.

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