TomKirk

Bank of Queensland short

Short
TomKirk Updated   
ASX:BOQ   BANK OF QUEENSLAND LIMITED.
-10 Year+ Symmetrical triangle (dubious without a launching pattern)
-Weekly 50/200 SMA pinch
-Weekly volume confirmation on primary pattern breakout
-7 Week symmetrical triangle launching pattern just outside the bounds of larger pattern
-Daily Bollinger band squeeze and expansion

30 basis points
Trend follow model for trade management
I saw this and acted without planning trade out thoroughly, breaking discipline rules. Alert went off and I went short just before I had to leave before an appointment, do not know why was not on my active watchlist.
Breakout is strong but not a daily close yet

Short at market @ 9.91 12:23 AEST
SL @ 10.20
Trade active
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.