Asset and Time frame -NIO,1H
Entry Price -42.88
Exit(Stop Loss) -38.00
Exit(Take Profit) -56.83
Technical Analysis -Price broke down uprising wedge, made a correction on the confirmed ABCD Fibonacci level with an engulfing bullish candle, market sentiment was bearish the last 2 days, so my thoughts are since nothing change, things should come back to their "normal" state.
What can be improved & Conclusion & End of Trade -
Entry Price -42.88
Exit(Stop Loss) -38.00
Exit(Take Profit) -56.83
Technical Analysis -Price broke down uprising wedge, made a correction on the confirmed ABCD Fibonacci level with an engulfing bullish candle, market sentiment was bearish the last 2 days, so my thoughts are since nothing change, things should come back to their "normal" state.
What can be improved & Conclusion & End of Trade -
Trade chiuso manualmente:
The market is not bullish at the moment, I exited at 49.03 with a trailing stop loss, RRR 2.
Trade chiuso: obiettivo raggiunto