Clear invalidation point above 340$ for BNB, shorting at 308$ and aiming for 190$ and 150$ with the stop above 340$, risking 1R as usual and looking to compound if given.
Im pretty confident entire alt market will retrace again in the upcoming weeks, and BNB looks juicy for a push to FEB21 area, so this is one I'm taking.
Trade active
Moved stop to breakeven
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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.