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SoT Chartoff - week 2 - RVN

Relevant on the monthly:
- volume going up, price going up
Relevant on the weekly:
- price was moving up, but than volume died and price also coming down
- broke out of longtime downwards trendtwo weeks ago
Relevant on the daily:
- Price going down, volume going down => this move is getting exhausted, price should go back up
- distribution almost exhausted? Should wait and see how we exit the daily wedge
Relevant on the 4H
- trying to break through downwards movement, distribution ending?
- not sure what to make of the volume
Relevant on the 1H
- by looking at volume, can see downwards pricemovement is getting exhausted
- there is a trendline which still acts as resistance, broke through once but could not gain it
- volume going up, price going up
Relevant on the weekly:
- price was moving up, but than volume died and price also coming down
- broke out of longtime downwards trendtwo weeks ago
Relevant on the daily:
- Price going down, volume going down => this move is getting exhausted, price should go back up
- distribution almost exhausted? Should wait and see how we exit the daily wedge
Relevant on the 4H
- trying to break through downwards movement, distribution ending?
- not sure what to make of the volume
Relevant on the 1H
- by looking at volume, can see downwards pricemovement is getting exhausted
- there is a trendline which still acts as resistance, broke through once but could not gain it
Đóng lệnh: đạt mục tiêu
I reached my targets, but my entry was too high. Knew that as soon as I submitted... I know this is something I need to work on, finding the best entry. Hopefully better next time!Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.