SNAP breaks out: to fill gap, return to weekly volume profile

30 May 2018

SNAP has closed above the daily downward trend. A long here on the daily timeframe could give good R:R if risked off all time lows with a target at the weekly volume profile, which coincides with filling in the recent gap.

7 Haz 2018

Not

Entry @ $10.99

8 Haz 2018

Not

Current price 13.29 very tempting to sell here at significant resistance but will hold for our target.

18 Haz 2018

Not

Touchdown on take profit. Did not execute take profit (sadly!) but thats ok. Thing is I think chances are low we can get above 15.00 so I should have stuck with that take profit. Simply did not have the limit order in. Didn't see alarm in time.

20 Haz 2018

Not

today's lesson: set your limit orders

25 Haz 2018

Not

H&S on 1 hour timeframe shows us a possible stop sell to get out of this good-trade-gone-bad.

27 Haz 2018

Not

H&S on the 1 hour timeframe shows a hourly close and daily close below the trendline (no lower low/orange line): Good exit could have been during last 5 minutes before daily close. Probability leans towards tomorrow opening lower low.

14 Mar 2019

İşlem kapandı: durdurma seviyesi

Wow finally got out of this at 11.12

What a ride. Set your limit orders, folks!! I had money tied up in this for 10 months!