✨BNBUSDT.P: The pullback is bearish — but I’m not chasing the SHORT right here. | Trading Plan | Aug17.💥
🔹 Context:
- 4H structure remains bullish/neutral, but 1H has still been bearish after rejection from the 1H Supply around 610.31–613.22.
- OI is declining with the move down, suggesting deleveraging rather than aggressive SHORT building.
🔹 Trading Plan:
🔸 SHORT: Wait for a pullback into 1H Supply, then look for rejection + 15m bearish MSS.
- Targets: 605.41 (4H VAL), 601.74 (PDL), 597.61 (4H SWL)
- Cancel: If price breaks and holds above 613.22 (1H SWH), especially with bullish displacement and rising OI.
🔸 LONG:
Consider in 2 cases:
- if price sweeps 601.7 / 597.6 and shows a bullish MSS
- Or breaks and successfully retests 1H SWH 613.22
For now, wait for confirmation at the key levels — no chasing.
#trading #futures
#Binance #ThuyBNB
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please give me a like, share, and follow.
❤️ I really appreciate it.
#BNB $BNB
🔹 Context:
- 4H structure remains bullish/neutral, but 1H has still been bearish after rejection from the 1H Supply around 610.31–613.22.
- OI is declining with the move down, suggesting deleveraging rather than aggressive SHORT building.
🔹 Trading Plan:
🔸 SHORT: Wait for a pullback into 1H Supply, then look for rejection + 15m bearish MSS.
- Targets: 605.41 (4H VAL), 601.74 (PDL), 597.61 (4H SWL)
- Cancel: If price breaks and holds above 613.22 (1H SWH), especially with bullish displacement and rising OI.
🔸 LONG:
Consider in 2 cases:
- if price sweeps 601.7 / 597.6 and shows a bullish MSS
- Or breaks and successfully retests 1H SWH 613.22
For now, wait for confirmation at the key levels — no chasing.
#trading #futures
#Binance #ThuyBNB
🧑👀 If you find this post useful,
please give me a like, share, and follow.
❤️ I really appreciate it.
#BNB $BNB