Week 39: Opportunistic Short on FCPOX 2020

21 Eyl 2020

Week 39: 21 to 25 September 2020
FCPOX 2020 analysis
Despite the bullish momentum is very strong, personally we can short FCPOX2020 with a very good Risk Reward Ratio.
We only need to risk RM24 to get RM336, that is 14R.
Again, this is a risky move as we are trading against the trend, but, this is a worth trying.

Here is my personal trade:
Sell at market now RM3,111
Stop Loss at RM3,135
Take Profit 1 at RM3,000
Take Profit 2 at RM2,900
Risk Rewards Ratio = 14R

Disclaimer:
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee .
As always, move your SL when you are in the profit zone.

21 Eyl 2020

İşlem aktif

We are in the profit zone now and profiting RM 100

22 Eyl 2020

Not

Move the SL to RM3,044 and we have a risk free trade.

23 Eyl 2020

İşlem kapandı: hedefe ulaştı

Take Profit reached!