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BNB 574.8 short with 95% win rate, dare you follow?
$BNB /USDT - SHORT
Trade Plan:
Entry: 574.19 – 575.51
SL: 581.21
TP1: 570.08
TP2: 566.90
TP3: 562.13
Why focus on this structure?
- Clear downtrend on daily chart, 4H EMA acting as strong resistance
- RSI 15min at 69.03, nearing overbought, weak rebound is an opportunity to position
- Current price near entry at 574.85, stop loss at 581.21 is only a 1.1% risk, first target 570.08 is close
Discussion:
Will this go to TP1 first or trigger the stop loss directly? Where are your long/short positions?