Boeing Company (BA) TP-$182 SL-$174,37
Technical Analysis:
1-Strong trend retracing at the 0.382 Fibonacci level
2- Gap to be filled acts as a magnetic point
3- Momentum
4- Breakout of the Ichimoku Cloud supported by the Tenkan and Kijun cross on the H4 chart
5- H3 cloud cross supporting volatility
1-Strong trend retracing at the 0.382 Fibonacci level
2- Gap to be filled acts as a magnetic point
3- Momentum
4- Breakout of the Ichimoku Cloud supported by the Tenkan and Kijun cross on the H4 chart
5- H3 cloud cross supporting volatility
Trade closed: stop reached
He took out the SL for a penny. Lesson: Don't force the SL when the risk-reward ratio of 1-1 isn't optimal, because I'll overexpose myself.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.