BNB to break out 2
Updated
EDIT: Please ignore the lower chart, it's shown by mistake, just go with the upper chart and press the rectangle button to maximize it (alt + click).
This is follow up to the original idea down below. We just got wider triangle before the real breakout.
Binance Coin broke up this triangle📐 and I think there is chance for run to 314 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
This is follow up to the original idea down below. We just got wider triangle before the real breakout.
Binance Coin broke up this triangle📐 and I think there is chance for run to 314 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
- ENTRY: local high @ 300.5
- STOPLOSS (SL): local low @ 295.7
- TARGET (TP): height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 314.5
- REWARD RISK RATIO (RRR): 2.9
- INVALIDATION: when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Trade active
Order filled ✔️ As predicted price dropped to the breakout level and bounced. Nice...
Trade closed: stop reached
Stoploss hit 🛑 Price got below both triangle edges, not looking good. Breaking the orange level would be even more bearish...
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