Good R:R short with Golden Zone entry
Hi there Fam , hope you guys are all good.
So we started to move after the big dump we had these last few days, moonboys coming out of the woodworks calling 200k by 2021, as usual after a big dump. I personally don't make predictions like that, i play the chart and i suggest you all do the same.
Contrary to popular believe that this correction is over I am looking for some good short entries for continued downside. Looking at BNB I checked a Golden Zone entry short with targets at the -236 (221), -618 (213) and the -1 (203) fib level.
Looking to play this with a tight stop at the 707 (244.50) with some room for possible wicks.
I may be wrong, but im sticking to this trade, GZ entries tend to work out for me more often than not and bearish momentum has not evaporated that easy, we are putting in a red week and will probably finish lower after the last few days PA.
Stay safe Fam .
Will keep chart updated.
So we started to move after the big dump we had these last few days, moonboys coming out of the woodworks calling 200k by 2021, as usual after a big dump. I personally don't make predictions like that, i play the chart and i suggest you all do the same.
Contrary to popular believe that this correction is over I am looking for some good short entries for continued downside. Looking at BNB I checked a Golden Zone entry short with targets at the -236 (221), -618 (213) and the -1 (203) fib level.
Looking to play this with a tight stop at the 707 (244.50) with some room for possible wicks.
I may be wrong, but im sticking to this trade, GZ entries tend to work out for me more often than not and bearish momentum has not evaporated that easy, we are putting in a red week and will probably finish lower after the last few days PA.
Stay safe Fam .
Will keep chart updated.
Trade closed: stop reached:
stopped out