$BNB/USDT 30m (Binance Fut.) Ascending trendline break & retest
Updated
Binance Coin small scalp to hedge our other positions.
Current Price= 253.756
Sell Entry= 254.723 - 256.888
Take Profit= 249.234 | 244.968 | 238.173
Stop Loss= 261.079
Risk/Reward= 1:1.25 | 1:2.05 | 1:3.34
Expected Profit= +15.42% | +25.44% | +41.34%
Possible Loss= -12.36%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 6x
Estimated Gain-time= 2 days
Current Price= 253.756
Sell Entry= 254.723 - 256.888
Take Profit= 249.234 | 244.968 | 238.173
Stop Loss= 261.079
Risk/Reward= 1:1.25 | 1:2.05 | 1:3.34
Expected Profit= +15.42% | +25.44% | +41.34%
Possible Loss= -12.36%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 6x
Estimated Gain-time= 2 days
Trade active
▶️BBNB/USDT 30m: Trade active, first entry filledBinance Coin started dipping right after I created the signal, but I still expect 2nd entry to be filled.
You may think about entering big because of 6x leverage, but on the contrary I levered high because I am targeting a small move!
If you are not quite a shorter, then use targets to build a swing long 1x.
Trade closed: target reached
🎯BBNB/USDT 30m: TP1 reached with +15.42% (6x) and 1.25R#Binance dipped quickly to channel support, nice scalping! Let's see if we can reached lower targets before reversal.
Taking some profit here, moving Stop Loss at 2nd entry (256.888$) and let it run!
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