Trading BNB – 6 June 2021

M30 downtrend, enter M1, setup position. Split 3 position, After entering first position, it keep going down. Next time we need to try 2 position.

Eventually it hit our second and third entry.

After we are at full position, need to close half position at the next wave. because the drop is very fast, our TP is at previous low.

Price unable to break new low, and retest resistance, creating a triangle patter, so I close 50% position.

Eventually it break the triangle, but still couldn’t break new low, so I close all position. Capital $500, profit $2.01 (0.4%)