I am still tracking the entry and i will update it when it happens and the profit target 1 and 2 will also be updated.
The setup shows a very high bar and closing down. there must be heavy buying on that bar to have this massive . The entry will come soon after testing the selling pressure in that high down bar.
So stay tuned for the idea.
I will post Profit target 1 and profit target 2 for the trade as well as stop loss when the entry arrives.
The Profit and risk plan:
Exit half of the position or 70% of the position on profit target 1 which will be identified once the entry happen.
the remaining of the position would be on trailing stop. and would be updated every day on the close of the day