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BNBUSD (4H) Bearish breakout

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BINANCE:BNBUSD   Binance Coin
Hi Traders

BNBUSD (4H Timeframe)

The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 405 support level. Only the upward break of 447 would cancel the bearish scenario.

Trade details

Entry: 405
Stop loss: 447
Take profit 1: 380
Take profit 2: 340

Score: 7
Strategy: Bearish breakout

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