BTC/USD Volume Analysis Prediction 2/26/2018

Hi, friends.
We expected that price finished correction wave at support zone 8700-9000. But now we can see a bull initiative from 9500. Probably the correctional wave ended.
What to do now?
Waiting for a small correction wave to 9700-9850 and then buy.

Trade recommendation:
Enter point: 9700-9850 (buy-limit)
Stop-loss: 9299
Target1: 11200
Target2: 11700

Glossary of terms

• Point of Control (P O C) – The price level for the time period with the highest traded volume .
  
• Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
  
• Balance - Accumulation Area.
  
• F L - flat level.
  
• T L - trend level.
  
• Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
  

Trade chiuso: obiettivo raggiunto