happy04t
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NEOBTC Breakout Trade

BINANCE:NEOBTC   NEO/BTC
Score = 10/12
1) Structure- Price at previous high support, fib support. /
2) Trend- Uptrend. /
3) Strength & Weakness- No sign of strength on bears. /
4) Future Trend Setup- Breakout up to 0.01. /
5) Indicators-
i) RSI- 62 Uptrend. /
ii) 20EMA- Uptrend, price above. /
iii             ) MACD Lines- Uptrend, >0. /
iv) Histogram- Sideway, >0. X
6) VSA-
Volume ) Less volume interest in buying. X
Spread) Indecisive on selling. /
Price) Closed indecisive to bullish . /
News) NEO is planning to host “China’s first DevCon” through March 2018 in conjunction with Microsoft             . /

# Top 14 market cap from coincheckup
# Buy Low Sell High
# Breakout trade
# Trail stop to breakeven - Not to lose money

Condition:
1. If price gaps up over my entry, I will adjust S1 to the open price for at least a breakeven. Reenter for a BOP trade.
2. If my entry is triggered with weakness or potential trapped, I will adjust S1 to the open price for at least a breakeven. Reenter for a BOP trade.
3. If no sign of strength and weakness on both sides, my order will remain.
4. If further weak selling is coming, I will find a better LWP for entry.
5. If strong selling follows, orders will be cancelled and reassessment is needed.
Hi, can update something? now seem like the wave touching (B), would it pull back to (C) and then up again?
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