henryxue

BNB Double Bottom Breakout

Long
henryxue Updated   
BINANCE:BNBUSDT   Binance Coin / TetherUS
Daily and 4H double bottom breakout and then pull back to breakout point start scaling in from 13.66 to 13.42.
If all filled, stop loss at 13.00;
If partial filled, stop loss at 13.40;
Target1: bounce back to the middle band. (Half)
Target2: ride with 4hour HL, out at round 16.00
20180729
BNBUSDT
Comment:
Review:
Set actual stop loss at 1291, almost get step out before it bounced.
Scaling a little bit too early.
Plan2:
Daily higher low set at 12.96,
If 4h pull back hold support above 12EMA and 21EMA around 13.50, add more position.
Target: T1: 14.28(1/3), T2: 14.98(1/3), T3 go with daily HL trend.
StopLoss: SL1: 12.93. 2/3move up with 4 hour HL, 1/3 move up with daily HL

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