Buy the reversal back to the trading range,
if strong follow-through continues,
then we want to see the break of range and pullback to range high,
then high potential for trend continuation.
if strong follow-through continues,
then we want to see the break of range and pullback to range high,
then high potential for trend continuation.
Trade active:
Target one taken on December 13, increased my size back to full position at Dec 21 28.30 area.
looking for potentially reaching 45$ area and from there if it manage breaching 70$ will look for trend follow-through.
looking for potentially reaching 45$ area and from there if it manage breaching 70$ will look for trend follow-through.
Trade active:
Aaand of we go, trending out of the range
Trade closed: target reached:
Trade summary:
Entry 24.69
Dec-13 T1 29.50 (Half position taken out)
Dec-21 Size back to full at 21.15 area
Feb-28 Closed full size at 31.30 area
Entry 24.69
Dec-13 T1 29.50 (Half position taken out)
Dec-21 Size back to full at 21.15 area
Feb-28 Closed full size at 31.30 area
