4H Multiple Insider Bar, and Break is Imminent

٣ أغسطس ٢٠١٨

BNBUSDT
Weekly: potential head and shoulders, neck line around 11.60
Daily: double bottom break, pull back and hold above mid band pretty good.
if lose mid band support, weekly HS more likely to form
if hold mid band support, it is good daily uptrend trade
4H: Multiple Insider Bar,
4h Plan1:
set stop buy at 14.13 or 14.20(more conservative) sell 1/2 at first break out 4H bar, rest 1/2 set stop loss around the prior 1H breakout
support to ride the daily uptrend
Plan2:
buy a 50% now and buy 50% more if break 14.13 or 14.20, set stop loss around 13.83, exit IAW Plan 1.
if it is fake break out 14.20, get out right away.

4H if can still keep above 13.30, it still a good ascending triangle.
It is only the personal trading note, not financial advice, but opinions and pieces of advice are welcome.
Good person to follow for TA---- TheChartGuys
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