Setup for BNB based on fib projections
Strong move UP breaking prior resistance, then another strong move through the .5 of the fib projection to set up another leg up.
Within this move, there was a strong move up, which sets up an internal projection - upon completion, Long term projection becomes triggered.
Happy Trading!
Strong move UP breaking prior resistance, then another strong move through the .5 of the fib projection to set up another leg up.
Within this move, there was a strong move up, which sets up an internal projection - upon completion, Long term projection becomes triggered.
Happy Trading!
Comment:
Yes i know that's a 50% stop so I will not be using more than 4% of my trading portfolio in this trade, to minimize exposure to a 2% total account risk
Trade closed: stop reached