1. That's why you always need a stop for trading.

2. Unlike BTC, #BNBEUR didn't post a convincing impulse #Elliottwave off the July low and is now approaching 0.618 retracement ~468 #EUR w/o much support on the quoted levels, be prudent if taking this long trade, lower size but wider stop: layer in between 470-450 w/ 430 or 420 stop gives 7%-9% defined risk.

3. Short stop can now be safely move down to 500 or even 490, or both to take profit in tranches.

4. Be mindful of the red pah potential on the daily, if 420 breaks measured move lower targets 350 without invalidating the bullish potential of $BNB to new ATH. #BNB_Market_Update