Accelerating the LKOH trade 2020/8a

I have noticed something that I think is ABC pattern which allows to effectively double the previous trade while keeping the same risk exposure.
ABC pattern is confirmed by divergence with indicators and by PA against support level on 1H chart.

Moving stops and doubling the position. Everything else is as per 2020/8 trade.

Risk reward has gone up to 5.8

Trade stängt manuellt:

The stock reversed sharply + the time allocated to this trade is gone. Oil looks to the downside. I am closing the trade and wishing I took 50% of the profits at 50% retracement.

Handel aktiv:

reopened when the market gapped higher at the open.

Trade stängt: målet nått

Kommentera:

Exited the trade manually when it was in the middle of the green zone. Right before the pullback. TP was not reached by a hair thick.

Kommentera:

now I am thinking whether to go short prompted by very compelling PA on 4H and D charts.