Position: long ''counter trend'' Entry: 99.30 Target: 117.00 Stop Loss: 95.30 Position open: 16/08-2019
Reason for entry: ABC pull back on lower time frame (Trading the bullish C-Wave) as price action and overall trend on higher time frame is bearish... Let's see how the trade rolles out...
If/when price closes above 110.40 DDK, I'll move my stop loss to break even...
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Price closed above 110,40 today therefore my stop loss is moved slightly above break even.
Tomorrow Ambu also has 3Q report... if the number are decent, we'll see a spike up hitting my target and if number are poor, we'll probably hit break even target...
We'll see how it goes...
Have a pleasant day
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Market gaped this morning on top of the Q3 report. Price dropped all the way down to 88,10 before turning...
As planned I was stopped out at 101,50 with a break even trade...