Near has put up a butterfly pattern along with a descending wedge. There is a divergence setting up on the OBV. R:R is 2:1 Alt cap is also in a descending wedge. 50% off load @ TP1, another 30% at TP2. SL of 20% = to 2% of acct.
Trade active
Broke out on the weekly, Near is up 25% since first post. Watching TP1, sticking to planTrade closed: target reached
TP 1 was hit, trailing stop (5% below TP1) was triggered in profit.
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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.