CANFINHOME

13 ott

CANFINHOME has given breakout of the recent resistance.

Looking at a good position, all key EMAs are aligned, if it sustains the move then it may give a good upside move.

There are a couple of resistance points which may become small hurdle in between.

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📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.

3 nov

Trade chiuso: obiettivo raggiunto

CANFINHOME — A Powerful 10% Move with an Even Bigger Lesson!

CANFINHOME delivered a solid 81 point rally, nearly a 10% move in just a few days.
Yes, I exited 5 points below my target, but there’s an important reason, and this is where the real learning begins.

LEARNING:
The stock hit resistance at earlier zones, first near 861, then again around 886. Even after that strong green candle and high volume on 20th Oct, follow-up candles were weak, volumes dropped, and wicks started appearing, all early caution signs.

During such trades, I stay extra alert. Price stayed above 9 EMA, but weak candles near past resistance (885-890) hinted at a possible pause or reversal. That’s when I prefer protecting profits rather than chasing perfection.

Remember - sometimes exiting a few points early might feel like missing out, but it’s actually protecting your hard-earned profits and your mental peace. One sudden red candle can not only wipe away gains but also shake your confidence, making it harder to take the next trade with a clear mind. 🎯

Learning chart patterns is easy, mastering trading psychology takes time, patience, and experience.
So keep observing, keep learning… because in the end, Price Action is Supreme. ⚡