BNT looks bearish (1D)

24 Haz

From where we entered "START" on the chart, it looks like a big triangle has started. This triangle will eventually end in a drop

It seems we are now in wave D of the big triangle

By keeping the red box, it can drop towards the swap range.

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

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

5 Tem

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By hitting the red box, it dropped more than 23% and TP 1 was hit