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Finsensei69
Feb 25, 2022 1:40 PM

BNBUSDTPERP Broadening channel  Short

Binance Coin / TetherUS PERPETUAL CONTRACTBinance

Description

BNBUSDT has been following a broadening channel pattern, it has been consistently taking supports and resistance.

A short position can be taken if a bearish candle is formed in the resistance zone, 1:3 Risk to reward ratio seems to be a good bet.

Trade active

Forming an evening star, further confirmation.
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