ZILBIDR - Long Position (16/03/2021)

I take long position in ZIL

Why ?
- There is a confirmed pin bar candlestick
- I set the entry to 23.6% fibonacci retracement
- I set my take profit 61.8% fibonacci retracement, confirmed by the trend line that it still make sense

Trade active

Comment:

Man, I have learnt so much in this setup.

I should have set my take profit to 50% of fibonacci retracement.

Nicee.

Comment:

Decreasing my sell limit to 2300

Cz based on the new lower high it's hard to reach 61.8%

Trade closed: target reached