I think there may be sufficient evidence that BNB will make a higher run now.
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Jump in!
交易结束:到达目标
I'm out of BNB until I get a better read on it. This could be a good pullback location.
Possible entry locations:
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Think of the market movement in waves. Waves give you probabilities. The Monthly and Weekly bullish wave is so strong that the smaller timeframe waves are too weak to pull back into 0.5, 0.618, and 0.786. You chart on lower timeframes and plot fibs on the high and low of swings using candlestick horizontal support/resistance. You plot 0.236 and 0.382 and observe the pullbacks looking for bullish candlestick reversals with matching Western Technicals (moving averages, stochastics, etc).
I've observed that these pullbacks find reversals between EMA 8 and SMA 9. You can look at the behavior of the MAs, crosses, narrowing, and so on to anticipate reentries.
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I'm looking at a deeper pullback now to test Weekly Dark Cloud Cover support.
交易开始
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Morning star on SMA 9 at 0.236 Fib. Will attempt to overcome recent high.
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5H & 6H until 1H/4H DeMark Sell Setups. Reversal from 1.414 accomplished in 0.786% pullback into Morning Star on SMA 9. Next target is 1.618 at 0.0071577.