KO 11-01-2021 LongAsset and Time frame -KO,4H
Entry Price -50.62
Exit(Stop Loss) -50.08
Exit(Take Profit) -55.15
Technical Analysis -Price is inside a daily confirmed ascending channel, the price reached the bottom of the tunnel and reacted with a small hammer pattern, price action reacted to the -61.8 Fibonacci level with an outside bullish candle and high volume, I've put a tight stop loss if you want a safer stop loss, I recommend the 49.22 level, also on the weekly chart price reacted to both 100 & 50 MA
I would like to hear your opinions and what can I do to improve, many thanks