BNX looks bullish but be careful
Updated
We have had a bullish CH in daily time, which gives traders a bullish view.
To form this bullish CH, many sell orders had to be consumed, so after the CH we expect a pullback to the support areas to collect buy orders.
If the price returns to the specified support area, Maytown will enter a buy/long position with confirmation and trigger.
In fact, it looks like BNX is forming a bullish QM.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
To form this bullish CH, many sell orders had to be consumed, so after the CH we expect a pullback to the support areas to collect buy orders.
If the price returns to the specified support area, Maytown will enter a buy/long position with confirmation and trigger.
In fact, it looks like BNX is forming a bullish QM.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade closed: target reached
BNX did not reach the green box by a small margin. Then it reached the red box
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