BNT │ 12.10.2023
Updated
BNTUSDT.P Signals for level breakout
- bar/candles closure near the level;
- bar/candles closure near its high/low;
- close retest of the level;
- the instrument gradually approaches the level;
- accumulation of energy for level breakout;
- consolidation near the level;
- decrease in trading volumes before the level;
- there is no reaction to a strong instrument movement;
- no response to a false level breakout;
- there is a reserve of calculated ATR;
- there is a reserve of technical ATR;
Trade Parameters
- Open: 0.50426;
- Stop loss: 0.50597;
- Take profit:
- 0.49912;
- 0.49741;
- 0.49570;
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration. - Take profit:
- Stop loss: 0.50597;
Trade closed: stop reached
The level got 'erased,' so there is no clear entry point.I also made a mistake: I saw this situation, and it seemed very promising to me. In reality, it was, but the main mistake was that I didn't wait for the 4-hour timeframe bar to close. If I had waited for it, I wouldn't have opened any trades because the chart would no longer have met my criteria for selecting situations.
Trade closed: target reached
Two unsuccessful attempts to go short.The third attempt was successful, but I adjusted the entry point.
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