Long
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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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.