balancero

👉 Let’s analyze yesterday's $BNB maneuver. It was interesting indeed, as a fairytale!

Look at the graph: First, we break the structure and head to test the formed block. We test it thoroughly.
Then, we pretend to be a "wounded deer" 🦌 (lol) and were luring the disciplined shorters through local short structures. You see, those trapped shorters had to short there, and they did. And maybe the fastest and most experienced short-traders even fixed some profit at the 574 low… And then, through JudaSwing, the short was broken and the 2nd structure market shift was made (2nd SMS), shouting to all SmartMoney traders - LONG ONLY!
Yes, this deep test of the lower block might have been a bit worrying for those who rushed to take longs precisely at the FVG test. But how would they know that there was FVG and there would be a pullback and re-test??

At the same time, BTC after the second spill turns around on a triple 15m attack!! Man❗️
It was synchronized and pulled the prices where it should be... with all the stops where it needs to be.
The end of this fairytale! 😀

#smartmoney #trading #balancero #bnb #analysis

$BNB is looking good!
It did everything just neatly... Double Structure Market Shift with a deep pullback into the block and … “goodbye”!
BNB follows the index with some lag, but it forms structures in advance of significant movements! Keep an eye on it, it can indicate when $BTC is unclear.

And look how precisely it checked the order block at the top. But it didn't hit the high. This can be interpreted in different ways: Either tge high was left for a dessert. Or it was paused, hinting at a short. It's not clear yet.
But if you were in longs, you simply must take the profit. At least partially in these areas without waiting for the high to be hit.

It's best to split the exit into 3 parts:
1) the first exit at the furthest FVG.
2) then, the lower edge of the order block, and
3) the rest of the position should be closed at the high.
That’s how it works!

#smartmoney #trading #balancero #bnb