Hello Traders;
AMAZON STOCK - Nasdaq.
Trade Plan.
Short / Sell Trade.
Entry Level below the 4 Hour Resistance Zone Between 101.87 to 103.78
Take Profit 1 @ 4 Hour Support at 91.15
Take Profit 2 @ 4 Hour Support / FIB 100% Level at 86.38
Take Profit 3 @ 4 Hour Support at 610.30
Take Profit 4 @ Daily Support Level / FIB 123.60% Level 72.86
Stop Loss @ FIB 61.80% Level at 108.58
Lot Size :
Portfolio Size 10000
Risk to Reward 1 : 1
Lot size = 124 Shares @ 5% Risk
TP 1 = Total PIPS in gain = 12.63 Profit 14.08%
TP 2 = Total PIPS in gain = 17.40 Profit 20.25%
TP 3 = Total PIPS in gain = 20.79 Profit 21.97%
TP 4 = Total PIPS in gain = 30.92 Profit 42.19%
Total PIPS in Stop loss = 4.80 Loss 4.30%
Regards,
AMAZON STOCK - Nasdaq.
Trade Plan.
Short / Sell Trade.
Entry Level below the 4 Hour Resistance Zone Between 101.87 to 103.78
Take Profit 1 @ 4 Hour Support at 91.15
Take Profit 2 @ 4 Hour Support / FIB 100% Level at 86.38
Take Profit 3 @ 4 Hour Support at 610.30
Take Profit 4 @ Daily Support Level / FIB 123.60% Level 72.86
Stop Loss @ FIB 61.80% Level at 108.58
Lot Size :
Portfolio Size 10000
Risk to Reward 1 : 1
Lot size = 124 Shares @ 5% Risk
TP 1 = Total PIPS in gain = 12.63 Profit 14.08%
TP 2 = Total PIPS in gain = 17.40 Profit 20.25%
TP 3 = Total PIPS in gain = 20.79 Profit 21.97%
TP 4 = Total PIPS in gain = 30.92 Profit 42.19%
Total PIPS in Stop loss = 4.80 Loss 4.30%
Regards,