NXTBTC - Daily MA Cloud Breakout - 4H Trend Continuation

25 Kas 2017

NXT has recently had an edge to edge trade through the cloud (see related, closed with 100% profit) and price is now progressing above the cloud with a good daily momentum after a white doji has formed. I will be watching for a good entry position on the 4H chart while price retraces back to the 4H MA cloud.

25 Kas 2017

İşlem aktif

Opening up positions on the good looking 4H momentum candle off of the MA cloud bounce.

26 Kas 2017

İşlem aktif

Price has turned back around and started heading towards the MA cloud with good momentum. Normally I look to start closing off my positions to minimize risk, however I am keeping this trade open for one main reason.

Very rarely do I see a daily candle with no wick on the open side.

4H view:



Daily View:

26 Kas 2017

İşlem elle kapatılmış

Closing positions at -12% to preserve capital while BTC is making new highs.