Wesfarmers take 2# long

Güncellendi
-Primary pattern is a 66 month horizontal range
-Of which as an unmet target of 57.31
-8 day pennant in which I tried the long side of has morphed into a 5 week flag with well defined boundaries
-Tight bollinger band squeeze on the daily
-An attractive R/R

30 basis points of risk planned
Not
Big picture
anlık görüntü
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Stop buy @ 50.51
SL @ 49.70
TP @ 57.17
Not
Stop @ 49.76 prior days low.
Breaking out now but on open 'retail' volume. Still keeping my buy stop above July high as I need that extra conviction for this trade
İşlem aktif
Order filled
Not
One of my pet hates is when price plumbs my order in the morning then turns down. It is not a detractor from the setup but always makes me tense to see if price will turn up short of my stop
anlık görüntü
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Am somewhat more at ease after today, Still dubious
anlık görüntü
İşlem kapandı: durdurma seviyesi
I was wrong wrong wrong
FlagRectangleTrend Analysis

Feragatname