COCP long trade bounce of prior POC

on the scanner COCP was the 2nd biggest gapper with 33%, a pullback to prior POC level at 1.54$ provided an excellent entry point for a long entry.

Trailing stop below 5 min bars and 1/2 of the position on a daily low trailing stop...

Transaction en cours:

2.90 was 0.618 fibo target and 4 is the full 1.0 fibo target from prior correction. 50% of my position i too deep profit on the rest i keep open till we hit 4.0 or breakeven

Trade fermée: ordre d’arrêt atteint