BNF may gap down based on the previous structure

Hello All,

Please find my related idea below where it took support at level 39900.

I just compared the structure with previous channel pattern. Same might occur again. A gap down till 39500 and followed by short covering till 40300.

Always trade carefully with proper SL because it’s your hard earned money.
Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade