Wesfarmers take 2# long

تم تحديثه
-Primary pattern is a 66 month horizontal range
-Of which as an unmet target of 57.31
-8 day pennant in which I tried the long side of has morphed into a 5 week flag with well defined boundaries
-Tight bollinger band squeeze on the daily
-An attractive R/R

30 basis points of risk planned
ملاحظة
Big picture
لقطة
ملاحظة
Stop buy @ 50.51
SL @ 49.70
TP @ 57.17
ملاحظة
Stop @ 49.76 prior days low.
Breaking out now but on open 'retail' volume. Still keeping my buy stop above July high as I need that extra conviction for this trade
تم فتح الصفقة
Order filled
ملاحظة
One of my pet hates is when price plumbs my order in the morning then turns down. It is not a detractor from the setup but always makes me tense to see if price will turn up short of my stop
لقطة
ملاحظة
Am somewhat more at ease after today, Still dubious
لقطة
أغلقت الصفقة: تم الوصول لوقف الخسارة
I was wrong wrong wrong
FlagRectangleTrend Analysis

إخلاء المسؤولية