Binance Coin
Long

BNB - My Trading Plan in a picture!

469
Hello everyone, if you like the idea, do not forget to support with a like and follow.

on DAILY: right
BNB is overall bullish trading inside the blue channel and is now approaching the lower trendline and 400.0 support, so we will be looking for trend-following buy setups.

on H4: left
BNB is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Meanwhile, until the buy is activated, BNB would be overall bearish can still trade lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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