This trade is based on Joe Ross' 1-2-3 low technique. Long term (next month or so) target still in the $80s, but this trade could provide some TA practice swings on our way to $80+.
Entry at 42.6 IF either:
- this candle reaches 42.6 and does not fall below 39.2 OR
- entry at next candle, if it has minimum price >39.2
Stop-loss: 54
Target: 47.8
Entry at 42.6 IF either:
- this candle reaches 42.6 and does not fall below 39.2 OR
- entry at next candle, if it has minimum price >39.2
Stop-loss: 54
Target: 47.8
Comment:
Typo: Stopp loss $34
Order cancelled:
Trade was cancelled since the 3 point was not confirmed. For valid confirmation, 42.6 was needed, but the price only reached 42.5.