POE/ETH entry - reached bottom?

10 de fev. de 2018

POE has been consolidating on what seems to be a bottom and is beginning to form an ascending triangle pattern in the smaller timeframes - all within a larger descending triangle pattern of larger timeframes. The bottom support line at 5000 ethoshi (0.00005000) is never broken

Following indicators point towards a good entry point for me
- the Tenkan Kijun has just been crossed on the 4 hour timeframe
- increasing volume
- ascending triangles on lower timeframes

ENTRY - 7000 ethoshi
T1 - 11200 ethoshi
T2 - 15900 ethoshi
STOP - 5000 ethoshi

10 de fev. de 2018

Trade ativo

Entered position

16 de fev. de 2018

Nota

So far we're on track. Should have done this earlier, but raising the stop-loss to the nearest 4H candle bullish fractal (not shown unfortunately). It's at 7600 ethoshi

21 de fev. de 2018

Trade fechado: stop atingido

the second stop was reached. Remember - always keep taking profits along the way !