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extantproject
May 8, 2017 1:12 PM

Decred Hunt Volatility Funnel (HVF)? Long

Decred / BitcoinPoloniex

Description

Volatility decreasing/squeezing for over a month. Symmetry looks good. Average true range at similar levels as just before previous major bout of volatility.

4.98 risk reward. Use proper position sizing!

Note that this is a fairly low liquidity coin.

Trade closed: stop reached

Nope. But the recent low may be second relative low on a redraw.
Comments
leem2209
Hey, Quick Question. When you look at HVF pattern, what determines the level where you take your targets from? (Your blue dashed line at 1088133)
rjmacarthy
I see this too
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