Dem456
Long

AB=CD, Fib Retrace

NYSE:SNAP   SNAP INC
164 views
2
164 0
SNAP, Place buy limit order with OCO order for stop and target, still learning.
Buy order: 14.50
Target Price: 16.50
Stop Loss: 13.50
Time Frame: Feb 28th
Comment: OCO stands for Other Cancels Other, Trading view thinks it's something else, just FYI
Comment: in the trade, I wanted to update my notes, the real setup is a stop order with a other cancels other order once in the trade for stop/target. The buy limit order would fire below the 14.50 price and a stop would only fire at 14.50 or higher which is what we want.
Comment: Grave Stone Doji formed, going down tomorrow is my guess.
Comment: I was correct on that previous assumption that it would go down because of the grave stone doji. Lets see what happens the next few days
Trade closed: stop reached: out of the trade
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