January 31, 2023

Wave Analysis BNB / USD

Timeframe: 4H

I’m leading in (waves [i] - [ii]) up. The count will begin to receive confirmation when green the channel will be broken up. Until then, different options are possible, but in any case, I do not consider a turning point for the lower levels of 2018 - this year's movement is a clear impetus with a subsequent correction.

If you can still play around with the impulse [i] and find a double zigzag there, then the internal structure of the movement unambiguously indicates that it is being corrected.
Wave Analysis BNB / USD