BNBBUSD Long
If price on the 0.5 level (321.7 BUSD) breaks down I have a long position ready on the smaller 0.5 level (296.8 BUSD).
I would like to see a bounce on that support which acted as resistance at least twice before.
This is on the daily chart ( Each candle represents one day).
Trade Idea:
Entry: 296.8
Stop loss: 282.1 (5% drop from entry)
Take Profit: 337.0 (13.37% from entry)
Exit Trade: 356.0 (19.82% from entry)
Risk/Reward Ratio: 3.9
Leverage: 10x
Any thoughts?
I would like to see a bounce on that support which acted as resistance at least twice before.
This is on the daily chart ( Each candle represents one day).
Trade Idea:
Entry: 296.8
Stop loss: 282.1 (5% drop from entry)
Take Profit: 337.0 (13.37% from entry)
Exit Trade: 356.0 (19.82% from entry)
Risk/Reward Ratio: 3.9
Leverage: 10x
Any thoughts?
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