Exit @ $129.38 ***update 2:31pm***
| Entry | : | $125.66 | ||||
| Size | : | 700 | ||||
| Exit | : | $129.38 | ||||
| Stop Loss | : | $124.95 | ||||
| Risk | : | 0.71 | ||||
| P/L | : | $2,604.00 | ||||
| R | : | 5.24 |
This is a support/bounce trade. The first 4 csticks formed what is called a FLAG along support area which generally represents pivot/trend change. Entry was on the break of the high of the 4th cstick.
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