Long ACGL
Entered a long position on Arch Capital Group Ltd. ACGL.
Timeframe: 4H
Target: ~$87
SL: ~ $78.70
Reason: bullish break of a small consolidation area, in the direction of higher timeframes trend.
Timeframe: 4H
Target: ~$87
SL: ~ $78.70
Reason: bullish break of a small consolidation area, in the direction of higher timeframes trend.
Trade closed: stop reached
Today I closed my position in Arch Capital Group Ltd. ACGL.PnL: 1.09% : ~63% annualised : 0.29 Risk-to-Reward ratio (0.48 in Dollar terms and without commissions).
Better luck next time.
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