Trade Direction:
BNB Long
BNBUSDT.P BNBUSDT
Risk Management:
- Risk set at approx 0.5%
Reason for Entry:
- Retrace into higher timeframe support marked
- Structure remains valid
- Unprotected equal highs DOL
- 0.5 retrace
- H1 and M30 oversold H4 Showing strength
- Banking on this being a news-based dive in price action / shakeout before continuation
- Expectation that market will continue trending higher toward $110k BTC as stated in my HTF btc chart yesterday. held 106,500 imo we now go higher.
Additional Notes:
- Risky with market being so news driven right now.
BNB Long
BNBUSDT.P BNBUSDT Risk Management:
- Risk set at approx 0.5%
Reason for Entry:
- Retrace into higher timeframe support marked
- Structure remains valid
- Unprotected equal highs DOL
- 0.5 retrace
- H1 and M30 oversold H4 Showing strength
- Banking on this being a news-based dive in price action / shakeout before continuation
- Expectation that market will continue trending higher toward $110k BTC as stated in my HTF btc chart yesterday. held 106,500 imo we now go higher.
Additional Notes:
- Risky with market being so news driven right now.
Trade active
Active. My only position right now on my futures.Order cancelled
Closed this just above BE. Not overly liking BTC below 106,500. And going to take the fact I can exit this in profit for granted.
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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.