BNB/USDT PERPETUAL -SHORT

Hello traders! This is my first idea shared on TradingView. Nice to meet you!

In this analysis I used order blocks (a very good strategy used in forex) and oscillation channels to determine future price moves.

Wait for the chart to leave the bullish trend and open your short position. TP1: "Order Block 1" (273 USDT/BNB) // TP2: volume resistance (301.62 USDT/BNB)

Have a very good day!

Kommentar:

IF the candle will be stay in the consolidation zone (the triangle) and will exit the bullish trend we might see the price going down to the "Order Block 1" (TP1: 280 USDT per BNB // TP2: the volume resistance: 301.91 USDT/BNB).

Kommentar:

Update of this idea: