Elliottwaveindonesia
BNBUSDT broken out of falling wedgeBNBUSDT has broken out of the falling wedge pattern, am not bullish yet unless for scalp, because we are still in the corrective pattern imo.
Resistance at 230 area is still strong, there's possibility that BNB continue its correction downward to psychological 200 area, before continue to the upside.
USDCHF Trading Idea 03.25.21 (eng)Reason For Entry :
1. Flat B - C
2. Wave 4 Correction
3. Bearish Chyper
4. The flash PMI data released yesterday showed that business activities in March continue to expand at a similar rate as February.
* Flash Manufacturing PMI (Actual: 59.0, Forecast: 59.6, Previous: 58.6 revised from 58.5)
* Flash Services PMI (Actual: 60.0, Forecast: 60.1, Previous: 59.8 revised from 58.9)
Post buy Stop : 0.9350
Stop Loss : 25 Pips
Take Profit 1 : 75 Pips
Disclaimer :
This is just a personal analysis as an analysis note, and it means a lot to me.
Please do not act as a signal to enter a trade because the analysis I post can be wrong.
If you follow this analysis please complete it with great detail And always with care.
Beaware of fear and greedy instead bewise
>>ALI<<