Could the BNB/USDT Reach the 44.12 Again ? ⚠️⚠️⚠️

💡 Trade Idea

📈 Buy Limit BNB/USDT @ 39.82

🎯 Target Profit 44.12

🛑 Stop Loss 38.52

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description:

The price was moving downward and trading within a bullish wedge formation where it reached a confluence zone between a strong daily support @ 40.05 mark and a 61.8% Fibonacci retracement level. Our expectation is a lower correction to the daily support and then a move upwards towards the 44.12 level.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️