JMIA 25.06.19 Long
Asset and Time frame -JMIA,4 Hours
Entry Price -25.3599
Exit(Stop Loss) -23.32
Exit(Take Profit) - 31.55
The range between SL and entry -2.07$
Technical Analysis -Hourly chart creates a higher high and an ABC pattern on the Fibonacci 0.382 level, both SMA are used as support, TP is set a bit far for RRR3
Why not enter the trade - Strong resistance up ahead at 27$
Is the Market overbought or Oversold -No
What direction does the market move -X
Higher Highs / Lower Lows -X
What can be improved -
Conclusion & End of Trade -
Entry Price -25.3599
Exit(Stop Loss) -23.32
Exit(Take Profit) - 31.55
The range between SL and entry -2.07$
Technical Analysis -Hourly chart creates a higher high and an ABC pattern on the Fibonacci 0.382 level, both SMA are used as support, TP is set a bit far for RRR3
Why not enter the trade - Strong resistance up ahead at 27$
Is the Market overbought or Oversold -No
What direction does the market move -X
Higher Highs / Lower Lows -X
What can be improved -
Conclusion & End of Trade -
Note
TP set at 31.55 not 28.34Trade fermée: ordre d’arrêt atteint
Price reached the stop-loss price.What can be improved - Don't be afraid of FOMO, Wait for significant candle patterns.
Conclusion & End of Trade - The trade was missing a significant candle strength, no major candles(Engulfing, or pattern)
Clause de non-responsabilité
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.