Daily Renko[500] I'll catch my bottom -> possible 76% profit
I think we have a bottom (i smell it :))
my trading setup:
entry positions (ledgers):
L1: ~6'000 (double bottom + support from November) -> fill 70% position
L2: ~5'500 (wedge bottom + average between .382 and .236 by fibonacci) -> fill 20% position
L3: ~5'000 (wedge bottom + resistance from 09.2017) -> fill 10% positions
stop loss 4'690 (below .236 fibonacci + above VPVR VA + below wedge)
targets: 8'232 and 9'685
first, we go little bit down:
MACD:
RSI:
Stochastic:
my trading setup:
entry positions (ledgers):
L1: ~6'000 (double bottom + support from November) -> fill 70% position
L2: ~5'500 (wedge bottom + average between .382 and .236 by fibonacci) -> fill 20% position
L3: ~5'000 (wedge bottom + resistance from 09.2017) -> fill 10% positions
stop loss 4'690 (below .236 fibonacci + above VPVR VA + below wedge)
targets: 8'232 and 9'685
first, we go little bit down:
MACD:
RSI:
Stochastic:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.