GRS/BTC - S.O.T Chartoff May week 4

Updated

I am doing GRS again because I think it has some more gas in the tank for another potential move up.

GRS is accumulating along a 4 Hour uptrend after closing out over a daily downtrend. It is currently sitting on a 4 hour Hold level with a daily and hourly hold just under the uptrend.
I think it will attack the hourly down trend before moving on to weekly level at 5701 and move on up.

Buy 5305
Target 1 - 5701
Target 2 - 5862
Target 3 - 6063
Target 4 - 6233
Stop Loss - 5255

#There was no relevant monthly levels#
** Legend **
Weekly - Yellow
Daily - Red
4 Hour - Green
Hourly - Blue

Note

Moving nicely towards the hourly downtrend

Trade closed manually

Sold on a quick breakout of the downtrend
Will rebuy on the retrace
Sell 4600
Profit - 5.5%

Trade active

Retrace happened quick
Rebuy - 5450

Note

Chart for above

Note

Riding the uptrend nicely.
It has created a new 4 hour downtrend to try break out of now.

Note

Created an new local uptrend and a local downtrend. Came down and touched the 1 Hour hold perfectly.
Looks like it is moving to attack the downtrend.

Note

Also a more steep local uptrend forming too.

Note

Attempting to break out of hourly downtrend

Trade closed: target reached

First target reached
Profit - 4.6%
Total Profit - 10.1%

Note

Rebought 1% lower
It hit my second target pretty quick
Looks like it is going to move onto the next targets.
Rebuy - 5652
Stop loss -5599

Trade closed: stop reached

Stop Reached on snap drop.
loss - 1%
Total Profit - 9%

Trade active

Rebought on a flash drop on BTC @ 5387.
Stoploss - Just under the Hourly Hold @ 5255
Back near my original entry price
Updated local trend

Trade closed: stop reached

BTC getting choppy. Stopped out overnight.
Total Profit - 6.6%

Note

Riding underside down trend tight.
I'll wait for BTC to calm down. Hopefully get a rebuy on the 4 hour uptrend.

Trade active

Broke 15 min downtrend and closed above the hourly hold.
Rebuy - 5356
Stoploss - 5324

Trade closed manually

Sold on the touch of the downtrend @ 5489

Note

Total profit 9.1%

Trade active

Rebought on the hourly hold @ 5325
Stoploss @ 5255

Trade closed: target reached

Target 1 reached again
Sold @ 5701
Total Profit 16.1%

Note

What caused the big swing up was a break on the daily downtrend and an hourly downtrend.

Note

Touched the weekly perfect

Note

Looks like it could take another jump up soon

OisnGribben

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