IOIPG ( Possible Inverse Head and Shoulders ? )

Entry reason:
1. Base platform with volume accumulated. (Check Volume Profile )
2. 2B Reversal Setup ( Possible forming Inverse Head and Shoulders )
3. Low risk entry with tight stop.

Target: 1.10 - 1.20 (≈ 12%)
Stop: Around 0.965

Disclaimer:
For discussion and sharing purpose only. NOT entry recommendation. Trade at your own risk.
#TAYOR

İşlem kapandı: durdurma seviyesi:

Stop Loss Initiated.

Closed at 0.95 at 29/09/2022.

Recorded sell price at 0.945. (open price - 30/09/2022)

Result: -4.10%

Yorum:

Should have the reentry on 17.10.2022 upon double bottom neckline breakout.
Lessons learnt:
- Over tighten SL might cause lost of opportunity.
- Monitor closely previous watchlist for reentry opportunity.