Symbol: ACM
Type: Long
Entry: The 9th bar
Exit: The 25th bar
Result: Lost -0.04%
My strategy for this trade is to go Long when the prices closed above the upper shadows of the 4th and 8th bar. The 9th bar accomplished that, but it failed to hit my target of 119% Fib. It came close at around 2pm, but the prices retraced back the 5eMA. I exited at almost the same as the entry price for a small loss.
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