BNBUSDT: Trading Plan with Target at 27.00
Here is a possible trading plan for this market.
If the price breaks the resistance zone formed by the local downtrend line and 20.00 resistance, it will give a bullish signal. At the same time, the price will move above the previous swing high. Now we have higher swing lows, and new higher high will confirm a new local uptrend.
What do you think about such trade opportunity?
Entry Price: above 20.58
Stop Level: below 17.52
Profit Level: at 26.75
Risk per trade must be no more than 10% of your capital.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
If the price breaks the resistance zone formed by the local downtrend line and 20.00 resistance, it will give a bullish signal. At the same time, the price will move above the previous swing high. Now we have higher swing lows, and new higher high will confirm a new local uptrend.
What do you think about such trade opportunity?
Entry Price: above 20.58
Stop Level: below 17.52
Profit Level: at 26.75
Risk per trade must be no more than 10% of your capital.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.