In the previous analysis I highlighted the buy zones and as we can see BNB bounced of the first buy zone perfectly, if you are one term holder have cash in hand for the second buy zone to buy it, if you wanna take your profit from this trade set your TP at 306 which the 20 day moving average,
The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades
The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades