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montparnasse
Oct 16, 2016 8:12 PM

BTCCNY trending, entry ~4200 Long

Description

16/10
Waiting for retracement from the last leg to enter long. ADX ~40 on 4h, MACD stacking up.

On the chart BBands with std dev 1 and 2, price is deviating with bull bias.

We're in rising wedge when taking candle bodies tho with one more leg up or when taking the wicks it forms a rising channel. Cautiously bullish, volatility + stop hunting's real, gonna keep lev low.

Trade closed: target reached

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