Correction seems finished in WFC
Updated
Entry: 50-52
Stop loss: daily candle closing below 50
Reward/Risk: 4
Target range: 60-61
Time Frame: 4-6 wks
Possible gain: 15%
Possible loss: 3.75%
Position size: 5 % of trading capital
You can see the most important support(green line) and resistance (red line) levels.
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Stop loss: daily candle closing below 50
Reward/Risk: 4
Target range: 60-61
Time Frame: 4-6 wks
Possible gain: 15%
Possible loss: 3.75%
Position size: 5 % of trading capital
You can see the most important support(green line) and resistance (red line) levels.
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Trade closed: stop reached
we can say financial sector has slipped to bearish market as well..! closing position is recommended.
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