$BNB Part 3 of the trade, we continue to add positions, I have the relevant zone at $660.
We continue to keep the risk controlled at $0.85-$0.90 while I add positions.
I do not have it stipulated to continue supporting the bullish movement above $660 since from that zone I expect some type of reaction and a slightly deep pullback, I only observe it with probability since I have a zone at $655, and there was a reaction.
The market can completely break through $660 but I do not see it very likely as I still do not observe the complete movement to go for $700, a little more is needed.
This bullish impulse is barely to cancel the bearish movement in which I participated on Friday.
Part 2 of the trade, I have already positioned myself. Now it remains to wait for the trade to develop. The 643$ is a relevant zone; if it stays above, it maintains a good bullish probability.
Trade D y K future
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Bullish
$BNB The market is showing a bullish intention by breaking the $643 level, the bearish movement was canceled as it was unable to break the $634 level. Today I didn't want to participate, but the opportunity is so good that I find it hard to let it pass. I didn't enter at $643.5 as my plan specifies because I wanted to rest, but seeing the reaction in the area makes it inevitable that I participate.
Estimated risk of the entry $0.85
The market has a first target point of $660 and a second target of $670.
If the market respects the $660 level, there is a high probability that the market will stagnate laterally and return to $640.
Remember to keep the risk controlled and let the trade develop on its own.
PD2: Letting an opportunity pass is not a bad thing, more opportunities will come, it's something I understand but today I forgot and let myself be carried away a bit by my emotions.
Trade D y K future
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Bullish
$BNB The market is showing a bullish intention by breaking the $643 level, the bearish movement was canceled as it was unable to break the $634 level. Today I didn't want to participate, but the opportunity is so good that I find it hard to let it pass. I didn't enter at $643.5 as my plan specifies because I wanted to rest, but seeing the reaction in the area makes it inevitable that I participate.
Estimated risk of the entry $0.85
The market has a first target point of $660 and a second target of $670.
If the market respects the $660 level, there is a high probability that the market will stagnate laterally and return to $640.
Remember to keep the risk controlled and let the trade develop on its own.
PD: I made a small mistake, I broke my word I said I was going to rest this weekend and I am operating again.
Trade D y K future
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Bullish
$BNB The market is showing a bullish intention by breaking the $643 level, the bearish movement was canceled as it was unable to break the $634 level. Today I didn't want to participate, but the opportunity is so good that I find it hard to let it pass. I didn't enter at $643.5 as my plan specifies because I wanted to rest, but seeing the reaction in the area makes it inevitable that I participate.
Estimated risk of the entry $0.85
The market has a first target point of $660 and a second target of $670.
If the market respects the $660 level, there is a high probability that the market will stagnate laterally and return to $640.
Remember to keep the risk controlled and let the trade develop on its own.
$BNB The market is showing a bullish intention by breaking the $643 level, the bearish movement was canceled as it was unable to break the $634 level. Today I didn't want to participate, but the opportunity is so good that I find it hard to let it pass. I didn't enter at $643.5 as my plan specifies because I wanted to rest, but seeing the reaction in the area makes it inevitable that I participate.
Estimated risk of the entry $0.85
The market has a first target point of $660 and a second target of $670.
If the market respects the $660 level, there is a high probability that the market will stagnate laterally and return to $640.
Remember to keep the risk controlled and let the trade develop on its own.
$BNB As I had stipulated, I will not support the bearish movement below $640 as I still think bullish. Yesterday I detected a bearish opportunity and took advantage of it, understanding that it is only a correction. Now I will wait for clarification because the market may drop even further or, on the contrary, show a bullish intention.
Remember to keep the risk controlled and wait for the right moment where your entry opportunity is expressed.
#Psicologia I have realized something I have observed while reading what I see in this community: everyone is far from understanding what this profession means and what it means to be a trader. I have seen people trading with excessive leverage and posting profit captures with a ROI of 400% and they consider themselves professionals or the best when that is simply just one trade of 100. It only takes one negative day for your entry to wipe out all your capital. Beginners who come with the idea of getting rich, of making profits, hit a wall when they discover that it is not as quick as they initially thought and fill their minds with pictures of people making thousands or hundreds of dollars to boost their dopamine, while the reality is different.
At $645-$647 the market showed a bullish attempt but failed, the bullish market still continues so I no longer support the movement below $640 as it may show a bullish reaction.
I managed my entry properly and respected the plan, I just let the trade flow without forcing my expectations.
Part 2 of the trade, I observe reaction at 650.7$ . Still, we continue to support the bearish movement and increase positions while controlling the risk to $0.75.
Trade D y K future
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Bearish
$BNB Has a good probability for this short, looking for the lows of $640 - $642.
I detected a weakness in the movement as the market failed to push the next impulse to test $670 from $655, considering the accumulation at $645-$650.
Defined entry with an estimated risk of $0.75.
I will start to add positions around $649, keeping the risk controlled.
Patience! $BNB I observed the market very indecisive at the moment, for now I withdraw and wait for a clearer and more defined intention to go for $700.
Estimated risk: $0.65
Benefit: $5
I couldn't invest all the capital because I didn't observe enough movement in the market to add more positions.
Patience! The bullish movement is still in accumulation.
Relevant price and target: $6647.5 - $6651.
What if the market can fall? That's what's important, since May 10th the market has reacted to those levels and every time it visited that target price, I participated with my proper risk management. The zone can fail, of course, but every entry must have a defined risk and we must accept it. A single trade cannot wipe out your entire account; a single loss cannot define who you are. The right mindset is to manage losses, losing in a controlled manner when we are not right, and managing good entries by not over-leveraging and respecting the plan.
PD3: the market reached 6656$ and in my analysis it is a relevant zone, the trade is already profitable and I secure my trade with the SL at 6653$ if it makes a new high I will add more position...
Note: If 6654$ does not explode and burst, there is a high possibility that the positions in 6650$ and 6646$ will be liquidated, which is why the entry is protected with the SL at 6651.5$.