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MoatazFarid
Apr 11, 2021 3:00 PM

A very risky short term catch the wave! Long

EGYPTIANS HOUSING DEVELOPMENT & RECONSTRUCTIONEGX

Description

A very short term catch for daytraders or short swing trader.
I believe this is not the best entry, may be catching the short trend, so a very risky long position is taken.

Trade closed: stop reached

Stop Loss point reached , so closed position :(

Comment

It seems that my analysis for the stop-loss point was incorrect(it should have been 0.611EGP) , and if it followed the rule that target could have been reaching 0.783EGP
Comments
Magic_xD
can you update that with a new chart plz ;)?
MoatazFarid
@Magic_xD, sure but nothing significantly changed yet
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