BNB/USDT 12h (Binance Fut) Parallel channel break-out
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FA: Binance Completes 12th Quarterly BNB Burn last week.
TA: Binance Coin is quite bullish after that acending channel break-out, don't look like a fake-out this time.
Current Price= 18.947
Sell Entry= 19.056 - 18.656
Take Profit= 19.858 | 20.282 | 20.282
Stop Loss= 17.854
Risk/Reward= 1:1 | 1:1.42 | 1:2. 05
Expected Profit= +26.55% | +37.80% | +54.40%
Possible Loss= -26.55%
Fib. Retracement= 1.272 | 1.414 | 1.618
Margin Leverage= 5x
Estimated Gain-time= 720h
TA: Binance Coin is quite bullish after that acending channel break-out, don't look like a fake-out this time.
Current Price= 18.947
Sell Entry= 19.056 - 18.656
Take Profit= 19.858 | 20.282 | 20.282
Stop Loss= 17.854
Risk/Reward= 1:1 | 1:1.42 | 1:2. 05
Expected Profit= +26.55% | +37.80% | +54.40%
Possible Loss= -26.55%
Fib. Retracement= 1.272 | 1.414 | 1.618
Margin Leverage= 5x
Estimated Gain-time= 720h
Always manage the risk accordingly and don't lever too much!
You can follow me on my Telegram channels:
https://t.me/TradingOnHigh (High Time Frame swings >= 4h)
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You can follow me on my Telegram channels:
https://t.me/TradingOnHigh (High Time Frame swings >= 4h)
https://t.me/TradingOnLow (Low Time Frame scalps <= 4h)
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