BNBUSD Analysis Update
Price has already mitigated the Fair Value Gap (FVG), and we are now anticipating a potential mitigation of the nearby Order Block (OB). On the Daily Chart, a bullish flag pattern is clearly in play, with the structure showing a confirmed third touch. We’re currently testing the upper trendline, which is acting as key resistance.
Watching closely for a breakout or possible rejection from this level.
#BNBUSD #SmartMoney #OBMitigation #BullishFlag #TechnicalAnalysis #TradingView
Price has already mitigated the Fair Value Gap (FVG), and we are now anticipating a potential mitigation of the nearby Order Block (OB). On the Daily Chart, a bullish flag pattern is clearly in play, with the structure showing a confirmed third touch. We’re currently testing the upper trendline, which is acting as key resistance.
Watching closely for a breakout or possible rejection from this level.
#BNBUSD #SmartMoney #OBMitigation #BullishFlag #TechnicalAnalysis #TradingView
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.