BNB to break out 2

25 ago 2022

EDIT: Please ignore the lower chart, it's shown by mistake, just go with the upper chart and press the rectangle button to maximize it (alt + click).
This is follow up to the original idea down below. We just got wider triangle before the real breakout.

Binance Coin broke up this triangle📐 and I think there is chance for run to 314 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.

• ENTRY: local high @ 300.5
  
• STOPLOSS (SL): local low @ 295.7
  
• TARGET (TP): height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 314.5
  
• REWARD RISK RATIO (RRR): 2.9
  
• INVALIDATION: when SL level hit
  

Check my other stuff in related ideas.

Please boost🚀, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.

25 ago 2022

Trade attivo

Order filled ✔️
As predicted price dropped to the breakout level and bounced. Nice...

26 ago 2022

Trade chiuso: stop raggiunto

Stoploss hit 🛑

Price got below both triangle edges, not looking good. Breaking the orange level would be even more bearish...