Mayvune
Long

BTCCNY - POC Entry

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
Bouncing of the POC (Point of Control of the Volume Profile ) - while leaving just wicks below it.
Also we are having a quite nice Inside Bar hopefully follow by a strong Entry Bar to give it some momentum.
(candle not finished yet - so the position sizing is not final -> update will follow)

TP1 at previous resistance of 4020 and the final TP area in the upper 4070 area - might wick up a little higher for a short squeeze.
Comment: - given this nice confirmed reversal (if this candle holds) it's good enough to take this long and take a little higher risk to the prior setup idea which was not a good close to be fully in position - so we are still waiting for stronger signals or a close like this to move in fully with our equity risk for this setup
Comment: - moving SL to previous Resistance at 4022cny |||| Overall this might be a breakout of this long ranging phase will update an idea on a larger Timeframe
Trade closed: stop reached: Looking for a BTFD situation here - so will post a new Idea for a larger Timeframe
you got it :) nice
Reply
Mayvune veryevilone
tyvm :)
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out