Fractal Strat 2 | BNBUSDT, BTCUSDT Binance | quick flips

Here’s a quick look at what I’m seeing on BTCUSDT and BNBUSDT on Binance. We’re continuing to get sort of sideways overall bearish price action, not many patterns are breaking bullish in a predictable manner at the moment, so secure your profits and take losses early. We’re in oversold bounce territory, but be careful. 

{ Click here for the link to today's update }

Here's where we were on BNBUSDT last night, when the cup and handle was engulfed by a symmetrical triangle:

And here's what we got:

What I didn't see in the video was that 11.31 marks the breaking point of a support area, where at least two bear fractals bounced from and where two inside bars broke bullish after an oversold dip in the past. In my mind that marks a significant support area. 

Happy trading! Roti out.

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This has been for educational purposes only and is not intended as financial advice.