Where to short term for BNBEUR?

Apr 21, 2021

On the 15-minute chart, I see 3 possibilities for Binance Coin versus the Euro:

1. Ending diagonal followed by a retarcement at least to (1).
2. Leading diagonal with breakout to new highs after (5)
3. Breakout to new highs after (3).

Looking at the two very large green volume bars during wave (3), I'm leaning toward possibility 1, as I think the correction so far has been too brief.

Apr 21, 2021

Comment

Possibility 1 should read "start of wave (1)"

Apr 21, 2021

Comment

I should have added included a 4th possibility, which looks to be the one in play:
4. break down at (4)!