SELL BNBUSD – 621.5

BNBUSD

Trade ID: bnbusdsell1771278167356 | Execution: 692952
Status
LOST
Direction
SELL
Entry Price
621.5
Targets Hit
0 / 3

Trade Levels

Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
621.5
0
Filled
Feb 16, 2026 9:43 PM
Stop Loss
629.5
800
HIT
2026-02-17 02:47:00
Take Profit 1
615.1
640
Not Hit
-
Take Profit 2
609.5
1200
Not Hit
-
Take Profit 3
601.5
2000
Not Hit
-

Trade Analysis

Strategy & Reasoning
Strategy
Breakout Short
Reason
Sell BNBUSD at 621.5 anticipating a move lower after a bearish sweep of resistance and gap fill, with strong volume supporting the downside.
Details

The trade is based on a short‑term breakout strategy. On the H4 chart BNBUSD formed an equal‑high‑low sweep and subsequently filled a gap, indicating a reversal pattern. Volume spiked, confirming the sell pressure, while OBV showed a divergence that conflicted with price, warning of weakening buying. The price retraced to the 61% Fibonacci level, aligning with a key resistance zone at 621.5, and the structure stop at 629.5 protects against a false breakout. No major fundamental catalyst was identified, leaving market sentiment neutral, so the decision relies on pure price action. Targets are set at successive support levels (615.1, 609.5, 601.5) to capture the expected downtrend.

Confluence Metrics

Technical & Fundamental Analysis Scores
Technical Confluence
Equal HL sweep, gap fill, high volume, OBV conflict, H4 61% retracement, structure stop
Fundamental Sentiment
Neutral
Confidence Score
85
Trade Conviction
High
Reasoning Completeness
High
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