Long Entry Signal for BNB/USDT - Trading System Confirmation

לפני 7 ימים

Welcome!

Long entry signal for BNB/USDT confirmed by the trading system

Based on our custom trading system rules, we had an initial long entry signal for BNB/USDT on February 11th, and since then, the price has remained steady at similar levels. Given that the system's conditions for a long position are still met, we can consider entering a long position today:

MLR Crosses SMA: Even though the SMA is above the MLR, the entry still works because the price is over the BB center line and above the PSAR and 200 MA.
Price Over BB Center Line: The current price is above the Bollinger Bands Center Line (orange), which indicates that despite the MLR/SMA position, the price is in a position that typically favors a bullish trend.
PSAR Flips: The Parabolic SAR (PSAR), indicated by black dots, has flipped to bull, signaling a bullish trend as it is below the price.
Price Above 200-period MA: The price is also above the 200-period Moving Average (red), reinforcing a long-term bullish trend.

Given these conditions, the entry for a long position is supported by the price being over the BB center line, above the PSAR, and the 200-period MA, which are strong indicators for a potential upward movement.

Entry Strategy:
Action: Enter a long position on BNB/USDT today, considering the sustained conditions from the initial signal.

Risk Management:
Trailing Stop: Set your trailing stop at the current PSAR level, which will adjust dynamically with price movements to protect your position.

Standard Exit Strategy:
Exit: Continue to monitor for when the MLR crosses back above the SMA or if the price drops below the BB center line or the PSAR flips to bear. Any of these could signal a potential end to the bullish trend and an opportunity to exit the position.

This signal presents a potential trading opportunity according to our system's parameters, especially since the initial conditions have remained favorable. Remember, always consider additional analysis and risk management practices before making trading decisions.

That is it

לפני 5 ימים

הערה

Trade is still active; don't forget to move the stop loss (SL) to the Parabolic SAR (PSAR) and wait for the Middle Line Regression (MLR) to cross the Simple Moving Average (SMA) for the exit. Price action isn't in our favor right now, but the rules are here to guide us through times like these.

לפני 5 ימים

עסקה פעילה

Trade is still active; don't forget to move the stop loss (SL) to the Parabolic SAR (PSAR) and wait for the Middle Line Regression (MLR) to cross the Simple Moving Average (SMA) for the exit. Price action isn't in our favor right now, but the rules are here to guide us through times like these.

לפני 4 ימים

הערה

Trade is still active; don't forget to move the stop loss (SL) to the Parabolic SAR (PSAR) and wait for the Middle Line Regression (MLR) to cross the Simple Moving Average (SMA) for the exit.

שלשום

הערה

The MLR has crossed the SMA. We have two options: either close the trade now or wait for the stop-loss (SL) of the PSAR to be triggered. It's your choice.