Awaiting Breakout or a failure??

2018년 7월 2일

Prices have been consolidating a while in a range and soon a breakout is expected on the upside. Right now its hovering around the range high. Will enter long position only after breakout confirmation and closing above 623 for a target of 640. If there is a breakout failure, it can be used to enter short at the range high for a target of 600. Will trade based on how price action reveals further.

For study purpose
Thanks

2018년 7월 3일

액티브 트레이드

Entered @ 624

2018년 7월 3일

노트

Target 1 done @ 630

2018년 7월 3일

노트

target 2 done @ 635. Trailed SL to cost and took partial profits

2018년 7월 3일

매매 수동청산

Closed the rest for 634.

2018년 7월 3일

노트

Great!! It had a nice breakout and made a high of 644, although i exited @ 634.