BNB SHORT 1H
BNB climbed back to the top of SUPPLY.
Teal candle is a short signal.
Stop at the high of the SUPPLY ZONE marked.
Consider take profit at a 2:1 ratio.
Teal candle is a short signal.
Stop at the high of the SUPPLY ZONE marked.
Consider take profit at a 2:1 ratio.
Note
Set the take profit at $608Note
Move STOP to CLOSE of ORANGE, just inside BREAK EVEN (0.1R)Trade closed: target reached
First target reached at 2:1 ratio just above boundary of the SUPPLY ZONE.Note
Target of $608 was neatly reached. (It wicked down to $606)4:1 ratio.
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Chart indicators and tools to trade trends & pivot breakouts in the crypto and forex markets! -- Discord Group: discord.gg/VaW9zG7n
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.