BNBUSD - EW analysis - 5th wave higher or more correction ?

14 באוג׳ 2021

BNBUSD - In daily semi log scale chart, it seems like started the 5th wave after triangle break out of 4th wave above 339.62 above D subwave. In smaller time frame, it seems like in nested impulse structure and as far as it holds above invalidation level, it is considered to be in 5th wave of the sequence and can go for ATH. Alternatively it can be the part of complex 4th wave correction.