BNF - 15 min chart view
Updated
BNF consolidated today and moved in a particular range only.
Almost 2000 points in last few sessions.
An upward movements is possible, also if the price ditches the red line by breakout failure, consider BNF bearish only till 46k levels.
There is a big 1000 points zone in green color which can act as multple scenario changer. this zone can provide 1000 points range trading. We can see some pattern in this zone for future predction.
keep observing!
Almost 2000 points in last few sessions.
An upward movements is possible, also if the price ditches the red line by breakout failure, consider BNF bearish only till 46k levels.
There is a big 1000 points zone in green color which can act as multple scenario changer. this zone can provide 1000 points range trading. We can see some pattern in this zone for future predction.
keep observing!
Note
Be alert for long position. 1st confirmation occurred today with the price crossing the descending trend line and holding above this.... but the price could not able to get into the NTZ today.
What's my view for such scenario is-
if the price get into the NTZ tomorrow, i will enter for long if the crossed price comes down near bottom blue line and stop loss will be 47600 and my target would be 48600 (1st) 49400 (2nd). otherwise regular entry would be above 48048.
Lets observe!
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