Market Context:
BNB started the week above the weekly pivot, with an inside pivot pattern that often leads to explosive moves.
The trade focuses on entering near the pivot at a support zone, with a strategy to move the stop loss to break even if the price moves 2-4% from entry to prevent losses from manipulation.
Trade Parameters:
Entry: Enter a trade between $580.55 - $576.55.
Take Profit:
First target: $605.25
Second target: $633.05
Stop Loss: Set at a candle close under $572.90
Risk Management:
If the price moves 2-4% from the entry point, move the stop loss to break even to manage risk effectively.
📊 Monitor the price action and adjust your trade based on market conditions. Prioritize risk management and be cautious of any signs of reversal or manipulation. #BNB #CryptoTrading #TradeSetup 🎯
BNB started the week above the weekly pivot, with an inside pivot pattern that often leads to explosive moves.
The trade focuses on entering near the pivot at a support zone, with a strategy to move the stop loss to break even if the price moves 2-4% from entry to prevent losses from manipulation.
Trade Parameters:
Entry: Enter a trade between $580.55 - $576.55.
Take Profit:
First target: $605.25
Second target: $633.05
Stop Loss: Set at a candle close under $572.90
Risk Management:
If the price moves 2-4% from the entry point, move the stop loss to break even to manage risk effectively.
📊 Monitor the price action and adjust your trade based on market conditions. Prioritize risk management and be cautious of any signs of reversal or manipulation. #BNB #CryptoTrading #TradeSetup 🎯
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.