I am buying Astra, a climb over the sunline on September cycle and the 180 degrees on the static square of 9 is promising, tight stop relatively ( daily closing below will activate it ) This is a mid-risk trade in my opinion because it has been going down for a few weeks now and assuming a reversal is inherently riskier. I also happen to think that if it breaks this cluster of two targets here then I can re-enter on a newer trade w/ wider stop and target the 1:1 HTF. I'm already in at 40.20
Trade active
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wicked but not stopped not closed below stop, I'm still in and the idea is intact,
Trade closed manually
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although this is technically close to support, the rejection at the arc encourages me to book the profits. I'm out here
Comment
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and that's what we call an early close.. sadly.. but it's alright, lesson learned ? raising a stop would've been a wiser option. regardless of the outcome I was uncomfortable with holding it and it was in profit so nothing is wrong. I could have made more money but I made money at the end. I will think a bit more about raising the stop next time rather than closing a trade to maximize potential gains.