Hello Fellow Traders,
First of all, if you like this idea please give it a like. It will motivate me to keep on posting more content to you all. If you have idea’s too than you can always post them in the comments, I will take a look at your idea and if I agree I will like your work too.
BNB found it's way back at support. This is a strong support zone with multiple touches.
This zone is aligning with a retest of a broken trend line and the 0.786 FIB level. With this setup it's possible to add a tight stoploss in case of a break of the support zone.
Targets on the chart -
First of all, if you like this idea please give it a like. It will motivate me to keep on posting more content to you all. If you have idea’s too than you can always post them in the comments, I will take a look at your idea and if I agree I will like your work too.
BNB found it's way back at support. This is a strong support zone with multiple touches.
This zone is aligning with a retest of a broken trend line and the 0.786 FIB level. With this setup it's possible to add a tight stoploss in case of a break of the support zone.
Targets on the chart -