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Hello Fellow Traders. This is Richard, as known as theSignalyst.

As per my last analysis here, BGB broke above our last high in gray and traded higher.

Now we are retesting the previous major high in red again so we will be looking for new buy setups.

bgb trend following setup grafika numer 1bgb trend following setup grafika numer 1

🏹Trigger => Waiting for a break above the upper orange trendline and last high in orange for the bulls to take over.

Meanwhile, until the buy is activated, BGB can still trade lower to retest the red zone.

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Always follow your trading plan regarding entry, risk management, and trade management.

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Good luck!

All Strategies Are Good; If Managed Properly!

~Rich


Richard Nasr

Richard Nasr

- Full-time Trader, Coach, and Founder of theSignalyst with 400+ Students Worldwide.
- Founder of RichTL, which is the first and only indicator of its kind to help traders make Objective Technical Analysis.
- TOP author on TradingView platform
- NewsCrypto.io Ambassador and Educator
- Featured on Influencive as one of the TOP 10 Forex Mentors in 2021
- Featured on many websites like Yahoo!, Market Watch, and Digital Journal


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