EVX/BTC - SOT May Chart off Week 1

Description

⋅ Apr 30, 2019 10:42 AM

EVX has just tested a daily level. It is riding along an hourly uptrend while trying to break a 4 hour downtrend inside a 4 hour wedge. I expect it to attack the topside of the wedge over the next days.

Buy - 11498
1st Target - 12143 - 5.6%
2nd Target - 12783 - 10%
3rd Target - 13047 - 13.4%
4th Target - 13728 - 19.3%
Stop loss - 11160 3%

*Legend*
Monthly - Grey
Weekly - Yellow
Daily - Red
4 Hour - Green
1 Hour - Blue

Comment

⋅ Apr 30, 2019 11:36 AM

Broke over the downtrend

Comment

⋅ Apr 30, 2019 1:07 PM

Closed above trend.
Sold at Hourly level - 12143
Looking to buy back in at 11850

Comment

⋅ Apr 30, 2019 1:42 PM

Bought back in at 11850

Comment

⋅ Apr 30, 2019 6:51 PM

Coming down to the uptrend.
Looking for the next bounce here

Comment

⋅ May 1, 2019 9:27 AM

Only noticed one of my levels has been missing. Must have removed by accident before publishing. Start of this uptrend circled in red.

The price is accumulating along it on each move down before taking a run up.
Looks like it might ride along it to the edge of the wedge.

Comment

⋅ May 2, 2019 8:23 AM

Came down to test the 4 hour before it's next run up at the hourly. Expecting some good gains today.

Comment

⋅ May 2, 2019 9:48 AM

Came back down to test the outside of the wedge.
Looking for the next move up now.

Comment

⋅ May 2, 2019 10:46 AM

Came down to touch uptrend

Comment

⋅ May 3, 2019 8:15 AM

Stopped out at 11160.
Hadn't time to fully Manage the trade yesterday.
Profit Neutral - 0
Buy - 11498
Sell - 12143
Rebuy - 11850
Stopped - 11160

Trade closed: stop reached

⋅ May 3, 2019 8:37 AM

See Above

Trend Analysis