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MacroTradingE
2020년 3월 4일 오후 12시 59분

BTC LONG 

Bitcoin / U.S. dollarBitstamp

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Description on chart

코멘트

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Major creek has been conquered.
will close my long postion on each target, also trailing stop move up to 8.9k.
Will track the volume, when i see "Buying climax" i will open next entry.

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we have distribution phase in small time frame (10min)
expect to pull back to retest support which was resistance around 8.9
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mljones
For your target, in your last post you said "when price drops from top (AR) which means we have top of TR , so i sell my stocks". Do you use anything else to trail a stop or set a target? (For instance I've seen some wyckoff traders use point and figure to project a target.)
MacroTradingE
@mljones, i have tried use PnF but that is way too difficult for me, makes many mistake in counting. i rather use rsi, macd, stoch, and many more other indicators to improve my target and trail a stop.
let's say i have entered long position when i confirm "spring" last time which was around 8.4 . then my trail stop below -30~40$ . and when price moves up my trail stop moves up too with every resitance (creek) that price breaks.
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