Technical analysis by behdark about Symbol BSV on 5/24/2025

behdark

Since we placed the green arrow on the chart, it seems that the BSV correction has started. This correction was a butterfly diametric pattern that has now completed.From the point where we placed the green arrow, the bullish phase of BSV appears to have begun, which should have at least 3 waves. It seems the first wave is complete, and we are currently in the second corrective wave.We are looking for buy/long positions around the green zone to form wave C of the new bullish phase.A daily candle closing below the invalidation level will invalidate this analysis.For risk management, please don't forget stop loss and capital managementWhen we reach the first target, save some profit and then change the stop to entryComment if you have any questionsThank You