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MoatazFarid
Apr 12, 2021 9:28 PM

Risky targets long positions for day traders Long

ARABIA INVESTMENTS HOLDINGEGX

Description

First Target is 0.536EGP as we are having a strong resistance there, so we can sell half and try to catch the 2nd target of 0.573EGP (that's the highest point in the downtrend started 14 Dec.),
The risk/reward ratio is 0.8-0.85 that's why i see it risky, but why not!!
you can paper-trade it anyway to see the results and regret or celebrate later xD

My Analysis is just for fun and educational purposes not financial advice, Best of luck!

Trade closed: target reached

1st target reached 0.557EGP

Trade closed: target reached

2nd target reached in the 5th of May ( 0.568EGP ) :))
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