BNB/USDTPERP 2H (Binance) Facing double triangle resistances
Binance coin just pump because of burn and new IEO but now facing resistances.
I'm expecting a pull-back down to supports so that's our short-term set-up:
Sell Entry= 14.734 - 14.927
Take Profit= 14.427 | 14.206 | 14.004
Stop Loss= 15.236
Risk/Reward= 1:1 | 1:1.54 | 1:2.04
Expected Profit= 13.60% | 21.05% | 27.9%
Possible Loss= -13.65%
Margin Leverage= 5x
I'm expecting a pull-back down to supports so that's our short-term set-up:
Sell Entry= 14.734 - 14.927
Take Profit= 14.427 | 14.206 | 14.004
Stop Loss= 15.236
Risk/Reward= 1:1 | 1:1.54 | 1:2.04
Expected Profit= 13.60% | 21.05% | 27.9%
Possible Loss= -13.65%
Margin Leverage= 5x
Trade closed: target reached:
TP1 was fast, I was just publishing when going down, after that TP2 reached with +12.75% average profit, then TP3 almost hit by 0.038 USDT and bounced.
