Wyckoff Structure Notes for VSA $NEWT (1D):
Spot buyers absorb supply in the support area $0.0471 - $0.0491 followed by a low-volume supply test.
We enter gradually in the range $0.0471 to $0.0491, with an exit limit if the daily candle closes below $0.0457. The initial capital protection target is at $0.0962 (return ratio 5.2 : 1).
Standalone spot transaction journal notes (DYOR).
#NEWT #BinanceSquare #WyckoffMethod #RiskManagement
Spot buyers absorb supply in the support area $0.0471 - $0.0491 followed by a low-volume supply test.
We enter gradually in the range $0.0471 to $0.0491, with an exit limit if the daily candle closes below $0.0457. The initial capital protection target is at $0.0962 (return ratio 5.2 : 1).
Standalone spot transaction journal notes (DYOR).
#NEWT #BinanceSquare #WyckoffMethod #RiskManagement