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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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.