It looks like BB has finished a wave A which was a triangle and is now in wave B which is a diametric.
It now appears to be inside wave e of B.
Wave A lasted about 53 days and was a triangle.
The time of wave B is expected to be at least equal to that of wave A, but because the pattern is diametric and more complicated than a triangle, this time may last until the 1.618 fibo of wave A, which means that the time of wave B may last up to 75 days.
It can drop by maintaining the supply 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 Comment if you have any questions Thank You
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It has dropped more than 21% since our entry range
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