📊 My latest successful trade in BNB! Lessons learned ✨

Hello Binance Square community! I wanted to share with you one of my recent trades in BNB that went quite well and the key lessons I took from it.

A few days ago, I noticed that BNB was consolidating after an upward move, forming a bullish flag pattern on the 4-hour chart. The volume was decreasing during the consolidation, which indicated to me that sellers were losing strength. I decided to wait for a breakout of the flag resistance, which occurred with good volume.

I entered the trade right after the breakout. My profit target was set at the next important resistance level, and my stop-loss was just below the breakout point to limit my risk. To my delight, BNB continued its upward momentum and reached my target in less than 24 hours. I closed it with a gain of X%. The patience to wait for the confirmation of the breakout and the importance of setting targets and stop-losses from the beginning. Don't let greed or fear make you change your plan.

Any recent trades you want to share? Let's learn together!