TradingView
extantproject
Mar 30, 2017 1:05 PM

BTCUSD Hunt Volatility Funnel (HVF) Long

Bitcoin / U.S. dollarBitstamp

Description

(Note: I'm a beginner at technical analysis. Comments welcome.)

Hunt Volatility Funnel (HVF) on BTCUSD: three successive lower highs interspersed with three successive higher lows. Reasonable risk/reward due to tighter stop and buy signal.

I published an idea for BTCUSDT on Poloniex, but BTCUSDT does not mirror exactly BTCUSD on Bitstamp (most volume).

Comment

Target was off a little, but the idea was correct.

Trade closed manually

Comments
oaksacorn
You are on the right track!
extantproject
@oaksacorn, thanks!
More