Get started
greatful-me

QSR LNG position- STP triggered. Took the Loss

Long
Restaurant Brands International Inc. (NYSE:QSR)  
greatful-me  
NYSE:QSR   Restaurant Brands International Inc.
Trend Analysis Chart Patterns Technical Indicators QSR trade stoploss stoplossyourfriend stoplosssignal LONG tookthetrade
0
1
trendanalysis chartpattern indicator qsr trade stoploss stoplossyourfriend stoplosssignal long tookthetrade
Basic Price coming into DZ. Good odds. Price fluctuated in DZ & close below it. STP triggered. Loss carried
LONG on QSR - Took Loss
LOSS Taken 0.88
Why I took the trade?
The long-term (M) in uptrend
The trade chart(W) is in correction.
The price coming into the DZ (D) unbalanced selling. Outside BB bands
Low Risk as ENT was near the bottom of DZ
TOOK my Loss - am proven wrong.

for 2-3 weeks price stayed in the DZ, slightly breaking above it & closing.
Yesterday Price closed below the DZ
Am out.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.