Hello Traders ,
As we can see BNF is making a 4rth wave of correction and currently making E wave of triangle pattern . IN E wave it has made subwave A and now the time to make wave B and C . So wave B will about to form and it will go towards 61.8 % of wave A that is 34750 . Post making wave B it will go towards wave C and it will be 35900. once it will complete wave E of trangle pattern of big timeframe , BNF will start to fall .
As we can see BNF is making a 4rth wave of correction and currently making E wave of triangle pattern . IN E wave it has made subwave A and now the time to make wave B and C . So wave B will about to form and it will go towards 61.8 % of wave A that is 34750 . Post making wave B it will go towards wave C and it will be 35900. once it will complete wave E of trangle pattern of big timeframe , BNF will start to fall .
Elliott BABA
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Elliott BABA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.