Cherry94

Day low breakout

Short
Cherry94 Updated   
OANDA:SPX500USD   S&P 500 Index
Breakout of the day low ("A") + rebound from the resistance on D (~2800). Stop loss is above one of the dodji's highs on H1. Profit target is around 2650 (support on D). Market pinched a little above that dodji's high, let me out and went straight to my profit target without me. I should've watched the market for a possible reentry or set my Stop loss above Dec 4 high.

(Posted post factum)
Trade closed: stop reached

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.