Asset and Time frame -SNOW,4H
Entry Price -294.98
Exit(Stop Loss) -287.67
Exit(Take Profit) -317.05
Technical Analysis -Price broke a confirmed LTF trend line with an engulfing bullish candle, and above the 4H MA, Price jumped because of the new 100 MA on the daily chart and reacted strongly,price also reacted to the 0.618 Fibonacci level.
I entered the trade with a smaller position(0.50%) because the market sentiment is currently bearish and because their earning report is soon.
I would like to hear your opinions and what can I do to improve, many thanks
Entry Price -294.98
Exit(Stop Loss) -287.67
Exit(Take Profit) -317.05
Technical Analysis -Price broke a confirmed LTF trend line with an engulfing bullish candle, and above the 4H MA, Price jumped because of the new 100 MA on the daily chart and reacted strongly,price also reacted to the 0.618 Fibonacci level.
I entered the trade with a smaller position(0.50%) because the market sentiment is currently bearish and because their earning report is soon.
I would like to hear your opinions and what can I do to improve, many thanks
Comment:
Volume was too low in hindsight
Trade closed: stop reached