SAB aims higher - High Prob Trade - 16.08.2019
Updated
Dear all,
Here's a quick trade short term that could play out the next week. There was a huge sell off few weeks ago, so that enhances the probabilities for the pattern to play out.
PROS:
- European Central Bank just whispered (not official) that the the 12th of September they will announce new measures to enhance liquidity and that a possible escenario could be to start buying Equities from private companies in addition to the TLRO's already done with sovereign bonds.
-Volume divergence is clear enough during this sell off.
STRATEGY
Buy the upper part of this week's closing figure (green line, please do use a LIMIT ORDER) with stop loss (red line) and aim for a 10-11% target.
***NOT FINANCIAL ADVISE, JUST FOR EDUCATIONAL PURPOSES***
Here's a quick trade short term that could play out the next week. There was a huge sell off few weeks ago, so that enhances the probabilities for the pattern to play out.
PROS:
- European Central Bank just whispered (not official) that the the 12th of September they will announce new measures to enhance liquidity and that a possible escenario could be to start buying Equities from private companies in addition to the TLRO's already done with sovereign bonds.
-Volume divergence is clear enough during this sell off.
STRATEGY
Buy the upper part of this week's closing figure (green line, please do use a LIMIT ORDER) with stop loss (red line) and aim for a 10-11% target.
***NOT FINANCIAL ADVISE, JUST FOR EDUCATIONAL PURPOSES***
Trade active
Trade still not activated. Buy limit is at 0.7964.Regards,
Trade active
Trade activated. Good luckTrade closed: target reached
Target reached.11.38% profit.
Regards.
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