BAX - flag pattern, volatility contraction

2021년 4월 15일

BAX
Interesting setup in BAX - it was in a huge long-term downtrend that was broken in the second part of March. It's now digesting recent gains. The volatility is contracting, so it is slowly accumulating power for the next move. My plan is to go long when the price gets above the recent high VWAP with the stop loss below Tuesday's low (13 Apr), when it opened with a gap down, but it was immediately bought. To be precise about the stop loss, I would set it 1,5 ATR (on the 15M timeframe) below that low.

2021년 4월 15일

노트

R3 reached, took partial profit, moving SL below today's low.

2021년 4월 15일

노트

Reached recent high. I want to sell breakouts, so I'm taking another partial profit. 1/3 of a position left. Will try to ride as long as I can until I'm stopped out.

2021년 4월 15일

액티브 트레이드

<forgot to change the status to active>

2021년 4월 19일

거래청산: 스탑 닿음

stopped out below today's first candle low (5min TF) - at 86.16