BitcoinEducation
When to take profit when a market is trending ?
Hello Guys,
I want to show you an idea, when to take a profit when a market is trending.
I am using VWAP Candle POC. Which means the biggest volume in the candle. When a market is trending up, I am watching if the market respect volume POC. If a candle close under the previos POC I am taking first profit. You can also take POC as a possible support/resistance zone. Try to check POC in big candles or pin bar formation.
I hope it will help you.
I want to show you an idea, when to take a profit when a market is trending.
I am using VWAP Candle POC. Which means the biggest volume in the candle. When a market is trending up, I am watching if the market respect volume POC. If a candle close under the previos POC I am taking first profit. You can also take POC as a possible support/resistance zone. Try to check POC in big candles or pin bar formation.
I hope it will help you.
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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.
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.