BNBUST | Short H4 | Market Exec |
Updated
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on H4 time-frame
- Price action is close to a Resistance Trendline & a Consolidation are
- Price action may reverse back towards the previous Demand Zone
Suggested Trade:
Entry @ Area of Interest 560 - 570
SL @ 580.66
TP 1 @ 552 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 535.15
Risk-to-Reward @ Approx. 2.18 (Depending on Entry Level)
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If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
If you want something analyzed, do drop me a DM. :D
________________________________
Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
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- Stochastics are in Overbought Conditions on H4 time-frame
- Price action is close to a Resistance Trendline & a Consolidation are
- Price action may reverse back towards the previous Demand Zone
Suggested Trade:
Entry @ Area of Interest 560 - 570
SL @ 580.66
TP 1 @ 552 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 535.15
Risk-to-Reward @ Approx. 2.18 (Depending on Entry Level)
________________________________
Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated!
If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
If you want something analyzed, do drop me a DM. :D
________________________________
Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
________________________________
Trade closed: stop reached
SL hit. Taking in the loss. Protect the capital to fight another day. :(
Disclaimer: The personal opinion above does not constitute as an investment advice. Any decisions taken based on the above opinion is purely at your own risks. DYOR.
Disclaimer
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