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BNWM - Hourly Analysis - 19-12-2025

  • Sarfaraz Ahmad

Primary Structure: Potential Pullback in Blue Wave "(b)". 

Primary Trend: Bearish

Current Wave structure: Potential Zigzag

Expectations:  The blue wave "a" unfolded in three waves with a massive triangle in its middle. This can be considered as the first wave of the potential flat. The decline from its high is a part of the correction on a higher degree level. Weakness in the price is expected even after a small recovery in the red wave "(b)"  that may appear in three waves.

Recommendations: Stay aside.


Previously: