Short

Daimler short opportunity

Updated

Short opportunity between .382 and .5

Sl above the .5

Target 53 for now

Trade active

Note

Closed half the position at 54.9 and took some quick profits. Will let the other half run. Sl at entry now. Might open another position on retracement if I see a good opportunity.

Note

1m chart, looks good for re-entry between 0.5 and 0.618

Note

Again 1m looking good

Note

It actually reached 55.42 yesterday after trading times in OTC market, so re-entry point was reached, where i opened another position with SL at entry now

Note

Sold half at 54.4. SL for other half at 54.72 now

Note

Wave 2 (of the 5) might take on a more complex form.

Trade closed manually

Will observe now for possible re-entries. Two very good trades so far (i used 25x leverage, making it on average two 40-50% trades)

Note

Since we didn't get a new low, I had to recount, possibly putting us just now at the end of the 4. It did bounce of the .382 (and vegas wave). I'm not sure the 5 of the C is completely in yet, so we might get another run to the .382 (possibly beyond for a double top at 56.3 - 56.4)

TophatPandaMagician

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