EWFcw

BNP Paribas SA (BNP) - Impulse wave pattern

EURONEXT:BNP   BNP PARIBAS ACT.A
BNP Paribas SA (BNP - France) is in 2nd wave correction as wxy correction of down impulse cycle of C wave. Wait for 5th wave completion of c wave up of y wave in 2nd wave correction. . Keep eye on invalidation level of 40.66 as Impulse wave invalidation level. In 4 hr time frame, it is in ABC zigzag down move, where C wave down is in progress, which must be in impulse move down. In weekly time frame, it is choppy, so hard to predict major move for either the direction.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.