NFLX LONG SET UP (NETFLIX) Long

Netflix, Inc.NASDAQ

Description

⋅ Aug 11, 2020 3:07 PM

TITLE/(DATE)- BUY NFLX/USD
ASSET- STOCK
PLATFORM-MT4
ORDER TYPE- BUY Market
Time Frame-4hr
ENTRY PRICE 1- $475.50 ✅ market
ENTRY 2- $468.50
STOP LOSS- $465.50(100 PIPs)
TAKE PROFIT 1-$485.50 (100PIPS)
TAKE PROFIT 2- $495.50(200 PIPS)
TAKE PROFIT 3- $505.50 (300 PIPS)
TAKE PROFIT 4- $525.50 (500 PIPS)
TAKE PROFIT 5- $545.60 (700 PIPS)
STATUS: Active

Trade active

⋅ Aug 28, 2020 1:22 PM

Trade closed: target reached

⋅ Aug 28, 2020 1:23 PM

trade hit all Take profit points for 700 pips

Comments

raghavanprabhu

⋅ Aug 12, 2020 2:53 AM

Thanks for the analysis. I have 575 calls expiring 8/21 that I entered before it lost its support at 500-510 area last Friday. Wouldn’t you want to wait for a confirmation for the reversal before entering the trade. Given it breached the 470 mark, I’m waiting for it to bounce/hold the 463 mark before averaging it down. Your thoughts?