Maps is at a very crucial resistance area.
Actualizado
Maps has made a parabolic move to the upside almost 12X in just 54 days. But if you look at the larger picture it has been in a downtrend. Its been making lower highs. Also made a lower low since the beginning of the chart. This recent move also looks like a 3 wave move to me.
Currently its sitting near trendline resistance. This is also a important Fibonacci level. In a ABC correction when A is overextended then C is usually .618 of A. And its sitting right on my expansion fibb level see the pic below
Anybody know some fundamentals on this one ?
Entry - 1.1126
Stop - 1.15
TP 1 - 0.45 ( Reduce Position 50%)
This is not a financial advice. The only time I give financial advice is when am having an episode of personality disorder.
Currently its sitting near trendline resistance. This is also a important Fibonacci level. In a ABC correction when A is overextended then C is usually .618 of A. And its sitting right on my expansion fibb level see the pic below
Anybody know some fundamentals on this one ?
Entry - 1.1126
Stop - 1.15
TP 1 - 0.45 ( Reduce Position 50%)
This is not a financial advice. The only time I give financial advice is when am having an episode of personality disorder.
Nota
Stop Moved at Entry Price 1.1126Operación cerrada: precio stop alcanzado
Stop hit at entryOperación activa
Operación cerrada: precio stop alcanzado
Loss = 2.62 %Nota
3rd attempt. 70 % allocation to Market Price Trade
30% allocation to limit order trade.
Operación activa
Entered at - 1.29Operación cerrada: precio stop alcanzado
keep making extensions.Operación activa
Been stopped out 6 times so far. One time sopped at break even. Total loss - 5x2=107th attempt
Nota
Closing 50%
lost 10% on last 5 trades
This trade up 34%
Profit - 24%
50% position still active
Nota
Taking More Profits here.
1/2 of the position
Now only 25% is left
Operación cerrada manualmente
Closed the remaining position as well.
Trade fully closed.
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