FieryTrading

πŸ”₯ BNB Bearish Triangle

Short
BINANCE:BNBUSDT   Binance Coin / TetherUS
BNB has been consolidating after almost hitting the $350 mark. This consolidation combined with the sell-off we've seen yesterday has formed a nice bearish triangle to trade on the H1 chart.

Before entering the trade, wait for the price to close below the lower support line of the triangle.

On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing lows and round numbers. Do your own due diligence.

Happy trading!
If you enjoy my ideas, please like, subscribe and comment.

βœ…2020 result: +60% per week
βœ…2021 result: +213% per week

πŸ† Free channels: https://taplink.cc/fierytrading πŸ†

πŸ”₯ FieryTrading Premium: Entry, Exits & Targets - https://www.fierytrading.com/ πŸ”₯

Comments

My favourite pattern, love to see it
Reply
upvoted. premium info. nice work!
Reply
support broken, I am also expecting a leg lower
Reply
FieryTrading Stargazer_fx
@Stargazer_fx great!πŸ”₯
Reply
good catch brother! keep it uppp
Reply
FieryTrading TheSignalyst
@TheSignalyst, much appreciated broπŸ”₯
Reply
I think this is an interesting opportunity πŸ‘Œ well done
Reply
FieryTrading FXtrades-gp
@FXtrades-gp, great to hear, thanks!
Reply
BTC is Bearish all Market showing Bearish Momentum. Waiting for Pullback.

Thankyou.

Reply
FieryTrading TRADiNG_hub
@TRADiNG_hub thanks for sharing mate πŸ”₯πŸ™
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out