Ascending triangle on 4H BNBBTC
Very simple trade I did, ascending triangle forming (high lows) bought at break of 0.00232xx resistance.
0.236 Fib level acted as resistance, increased stop-loss to break even.
Rally continued, took portion out at 0.382 fib level, again increased stop-loss. So was always in a winning trade.
Took another portion out at 0.5 fib level, let the rest RUN with stop-loss.
- Keep it simple.
- Take profits.
0.236 Fib level acted as resistance, increased stop-loss to break even.
Rally continued, took portion out at 0.382 fib level, again increased stop-loss. So was always in a winning trade.
Took another portion out at 0.5 fib level, let the rest RUN with stop-loss.
- Keep it simple.
- Take profits.
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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.