2nd Attempt on $BK Long Setup

:: It was a failed setup from 2 days okay; I kept $BK on my watchlist and see a possible good setup

+ NR7 with lowest vol. over the past 30 sessions
+ Inside bar + NR7
+ Hammer
+/- Weak support from .38 Fib
- Yesterday's bar had long upper shadow
- Appears to be moving side way around the 0.5 Fib.

Setup:
Long above yesterday's high
Stop set conservatively at last week's low
Target at .62 Fib

Yorum:

Keeping the same setup; we'll see if it will get triggered tomorrow.

İşlem aktif:

+ Setup got triggered today

:: Keeping current exit as volatility is expected

- Slight upper shadow

İşlem aktif:

Moved Stop to BE. Didn't want this trade to turn into money losing trade.

İşlem kapandı: durdurma seviyesi:

Stopped out on Friday at Break-even.