Great Singapore Sales on D05 (DBS), we wait for a better price.
Updated
D05 is now in the midst of ranging within the downtrend channel and there is no sign of reversal sighted yet.The overall sentiment is bullish bias and I am expecting the price to fill the Demand Zone at $20.00 or lowest is at $19.45
Thus, overall
D05 is a good buy, but we are waiting for the maximum discount to long this stock.My personal call:
Buy Order Limit at $19.50
Stop Loss at $18.80
Take Profit at $22.09
Optimal Profit at $23.50
Risk Reward ratio = 5.8R
Good Luck.
Disclaimer:
This call is for education purposes only, lot sizing is totally up to your risk appetite.
As usual, I would recommend shifting your Stop Loss to your Break Even level once your position is in the profit zone.
Always master your risks and your profit will come naturally.
Trade active
Buy Limit is triggered.Trade active
Current position:(1) Move Stop Loss to $19.95
(2) Time to liquidate 60% of our positions by placing Sell Limit at $21.00
Basically we are now holding a Risk-Free position.
#SatayFX
Trade closed manually
Target achieved, today DBS is giving an extra premium $0.15.We closed 60% of our holding now at $21.15
For your remaining 40% position, move your Stop Loss at $20.50
Let's ride the wave with no risks.
#SatayFX
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.