TheSignalyst

BNGO - Wait For The Trigger!

Long
NASDAQ:BNGO   Bionano Genomics, Inc.
Hello everyone, if you like the idea, do not forget to support with a like and follow.

BNGO is approaching a support area so we will be looking for buy setups on lower timeframes.

on H1: BNGO formed a valid channel in red and a reversal pattern. But it is not ready to go yet.

Before we buy, we want the buyers to take over.

Trigger => Waiting for a momentum candle close above the gray area to buy.

Meanwhile, until the buy is activated, BNGO would be overall bearish can still trade lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

My Telegram Channel
www.t.me/thesignalyst

Buy CRGPT on Uniswap
cutt.ly/CRGPT
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.