A 420 bet on Race
Updated
Ferrari has been under my radar for a while now and it's finally giving me the chance to own and trade some shares. After a correction pattern on the weekly and daily charts, price on 
RACE has been consolidating around 410 and 225 without re-testing the 375-350 area, this flat price action on RACE for the last 160 days shows me bullish strength and a high probability for a long pattern to play out on significant time frames.
A position has been opened with a 6% Stop Loss 👀
RACE has been consolidating around 410 and 225 without re-testing the 375-350 area, this flat price action on RACE for the last 160 days shows me bullish strength and a high probability for a long pattern to play out on significant time frames.A position has been opened with a 6% Stop Loss 👀
Trade closed: target reached
The pattern performed as planed and the take profit limit order was executed.
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