ChartChameleon

BNB SHORT 1H

Short
BINANCE:BNBUSD   Binance Coin
BNB climbed back to the top of SUPPLY.
Teal candle is a short signal.
Stop at the high of the SUPPLY ZONE marked.
Consider take profit at a 2:1 ratio.
Comment:
Set the take profit at $608
Comment:
Move STOP to CLOSE of ORANGE, just inside BREAK EVEN (0.1R)
Trade closed: target reached:
First target reached at 2:1 ratio just above boundary of the SUPPLY ZONE.
Comment:
Target of $608 was neatly reached. (It wicked down to $606)
4:1 ratio.

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