Now it looks a lot like acceptance above the pmPOC. Volume is building here and it doesn´t look like possible excess anymore regarding the previous bracket.
By extending the pwProfile (previous week profile) we can see (white range) that value is building higher (the POC - point of control) is higher than in the pwProfile from last week.
If bulls keep up the acceptance, then Fartcoin will go for a full rotation to the pmVAH (previous month value area high).
I have taken profit off the short from above 1.10 and just bought some at 1.05 ish, looking for 1.42.
Tapping the high of the previous bracket at 0.96 probably would be my invalidation.
By extending the pwProfile (previous week profile) we can see (white range) that value is building higher (the POC - point of control) is higher than in the pwProfile from last week.
If bulls keep up the acceptance, then Fartcoin will go for a full rotation to the pmVAH (previous month value area high).
I have taken profit off the short from above 1.10 and just bought some at 1.05 ish, looking for 1.42.
Tapping the high of the previous bracket at 0.96 probably would be my invalidation.
If you want to learn "Profile Trading", just DM me.
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If you want to learn "Profile Trading", just DM me.
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.