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themdtrader
29 jan 2018 20:29

CSTM Pullback Short Kort

Constellium SENYSE

Beskrivning

Price is ascending in uptrend channel, with recent break of 12.30 level
Resistance break became weak with signal for possible pullback
Stop at 13.37
Target at 12.44

Trade stängt: målet nått

Target hit in 1 day, can't complain.
But can still enter again for a continued down move.
Let's see rest of the week plays out; potentially the breakout & descending channel can fail for a big downtrend OR this can indeed just be a pullback.
Kommentarer
TradingStatistics
nice setup
themdtrader
@TradingStatistics, Glad you could see it that way!
Mer