LEVI long setup (breakout & limit buy) - 1:4 risk reward

17 nov. 2019

Again here's a potential 1:4 long setup. I have 2 profit targets. First one is 1:1.5 and second one is 1:4

LEVI LONG SETUP


1. Entry: $17.45 (buy stop)
2. Entry: $16.97 (buy limit)
Stop loss: $16.53 (54% probability)
1. Target: $18.83 (46% probability)
2. Target: $21.13 (less than 35% probability)
Risk: 2%

Disclaimer: This is not investment or financial advice.

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Trade safe,
Atilla Yurtseven

19 nov. 2019

Transaction en cours

Trade executed at 16.97

25 nov. 2019

Note

Stopped out. I'm still confident with my target but not planning to trade until i see a new signal. I'm leaving this thread open however i am out with a loss.

26 nov. 2019

Transaction en cours

I have re-entered this trade. Stoploss is at 15.81

12 déc. 2019

Transaction en cours

Sold half. In a free trade

13 déc. 2019

Transaction en cours

Sold another half and moved my stop to BE.

18 déc. 2019

Note

I'm expecting a pullback so i am flat by the end of the day. Planning to re-enter if price pullsback enough. I'm keeping this post active.

14 janv. 2020

Transaction en cours

I have entered again at 18.70