Boeing Company (BA) TP-$182 SL-$174,37
Technical Analysis:
1-Strong trend retracing at the 0.382 Fibonacci level
2- Gap to be filled acts as a magnetic point
3- Momentum
4- Breakout of the Ichimoku Cloud supported by the Tenkan and Kijun cross on the H4 chart
5- H3 cloud cross supporting volatility
1-Strong trend retracing at the 0.382 Fibonacci level
2- Gap to be filled acts as a magnetic point
3- Momentum
4- Breakout of the Ichimoku Cloud supported by the Tenkan and Kijun cross on the H4 chart
5- H3 cloud cross supporting volatility
Trade closed: stop reached
He took out the SL for a penny. Lesson: Don't force the SL when the risk-reward ratio of 1-1 isn't optimal, because I'll overexpose myself.