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TheSignalyst
Sep 13, 2021 8:55 AM

BNB - Trend-Following Setup! Long

Binance Coin / US DollarBinance

Description

Hello everyone, if you like the idea, do not forget to support with a like and follow.

BNB is overall bullish, and now retesting the 400 green support so we will be looking for buy setups

on H1: BNB is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
Comments
kimstandgraph
Nice idea, Thanks for sharing
TheSignalyst
@kimstandgraph my pleasure my friend
KlejdiCuni
Great technical setup, well done!
TheSignalyst
@KlejdiCuni, thanks a lot my friend
Signal_Forex
Wethar
TheSignalyst
@Signal_Forex thanks brother
graphbullS
Great idea. Thank you mate for sharing
TheSignalyst
@graphbullS my pleasure deae
lollobchara1
Great onee
TheSignalyst
@lollobchara1 thank you Elio
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