Trade Review - WEST

١٥ نوفمبر ٢٠٢٤

When the stock showed up on the screener there was a bullish continuation setup on the daily chart and a potential overextension on the higher timeframe downtrend. Thus added to the watchlist to monitor for a move.


Execution – Entered late on a debatable Failure Test.

Trade Overview
• Structure: Bullish Continuation (D) / Downtrend Pullback (W)
• Position: Near Mean (D) / Far from Mean (W)
• Entry Trigger: Failed Breakdown (Late)

Entry Details
• Entry Price: 6.90
• Stop Price: 6.40
• Target Price: 8.46
• Expected Risk/Reward: 3.12 R

Exit Strategy
• Exit Price: Closed 75% of position into 1R and rest hit stop at breakeven.