(BYND buy price 116.00)
(BYND sell price 111.00)
strategy: bynd presents two important patterns # 1 reversal formation. # 2 inside bar on daily chart. We will only take entry when there is a break of the double top 115.00 and it touches the buy price, we expect retracement and our confirmation signal. we will take profits in the area of mv 50 daily chart.
our bearish entry: it must be below the sell price and closing price. if so, we must wait for the retest in case of making a gap at the opening. the retest must be done in mv 9 or 10 period in the graph 5mn for better work
(BYND sell price 111.00)
strategy: bynd presents two important patterns # 1 reversal formation. # 2 inside bar on daily chart. We will only take entry when there is a break of the double top 115.00 and it touches the buy price, we expect retracement and our confirmation signal. we will take profits in the area of mv 50 daily chart.
our bearish entry: it must be below the sell price and closing price. if so, we must wait for the retest in case of making a gap at the opening. the retest must be done in mv 9 or 10 period in the graph 5mn for better work
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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.