Alikze → BNB | Upward wave 5 scenario
Updated
Upward wave 5 scenario Or The end of wave 4 of erosion correction
In the weekly time, the current corrective wave, which is a 4-erosive corrective wave, according to the break of the 250 range, seems to have ended and it can be shifted to the support of the $313 range. Therefore, according to the failure of the current supply area and the dynamic trigger of any correction up to the Fibo area of 1.618 and the range of $313, it can be a pullback to continue the upward path for the specified areas. If the behavior and structure of the post changes, it will be updated.
🟩Sup: 313 ~ 331
⛳️Tp 1:375 ~406
⛳️ Tp2 : 437 ~ 460
⛳️ Tp3 : 608 ~ 615
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In the weekly time, the current corrective wave, which is a 4-erosive corrective wave, according to the break of the 250 range, seems to have ended and it can be shifted to the support of the $313 range. Therefore, according to the failure of the current supply area and the dynamic trigger of any correction up to the Fibo area of 1.618 and the range of $313, it can be a pullback to continue the upward path for the specified areas. If the behavior and structure of the post changes, it will be updated.
🟩Sup: 313 ~ 331
⛳️Tp 1:375 ~406
⛳️ Tp2 : 437 ~ 460
⛳️ Tp3 : 608 ~ 615
-----------------
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
Note
Time Frame: 1DNote
According to the movement path, both targets were touched. Currently, an ascending corner pattern is formed, which can continue to touch the specified areas if the box maintains the green color. Otherwise, if it breaks from the bottom and loses the range of the green box, it can correct and touch the specified areas. Note
Currently, by exiting the corner of the pattern, it is in contact with the resistance and the supply zone, which can continue the trend for the next supply zone after the pullback to the broken structure. Note
According to the movement path, after exiting the density in the green box, it is supported and the second target has broken the supply range, which has grown by more than 34% so far. 
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