Wyckoff VSA Structure Notes $NXPC (1D):
Spot buyers absorb supply in the support area $0.2228 - $0.2323 followed by a supply test with low volume.
We enter gradually in the $0.2228 to $0.2323 range, with an exit limit if the daily candle closes below $0.2162. The initial capital protection target is at $0.2769 (return-to-risk ratio 4.3 : 1).
Independent spot transaction journal notes (DYOR).
#NXPC #BinanceSquare #WyckoffMethod #RiskManagement
Spot buyers absorb supply in the support area $0.2228 - $0.2323 followed by a supply test with low volume.
We enter gradually in the $0.2228 to $0.2323 range, with an exit limit if the daily candle closes below $0.2162. The initial capital protection target is at $0.2769 (return-to-risk ratio 4.3 : 1).
Independent spot transaction journal notes (DYOR).
#NXPC #BinanceSquare #WyckoffMethod #RiskManagement