CCL Breakout Long Long

NYSE:CCL1D

Carnival CorporationNYSE

Description

⋅ Jan 13, 2022 8:27 AM

A good 7-day accumulation is formed on a daily timeframe. We may see a small breakout impulse for 1:3 trade

Trade closed: target reached

⋅ Jan 15, 2022 3:50 PM

Comments

Blockchain_01

⋅ Jan 14, 2022 12:38 AM

what is "1:3 trade" ?

dorazvity

⋅ Jan 14, 2022 8:18 AM

@Blockchain_01, 1:3 is minimum risk/profit ratio, which means that your TP should be at least 3 times bigger than possible loss. That allows you to have only 30% win rate and still have gains on a long distance

Blockchain_01

⋅ Jan 20, 2022 11:42 PM

@ringedcity, Agreed ,thanks