Trading Plan 6/2020 - Penta
Strategy Uptrend Breakout Entry
I usually enter with 10% of my portfolio, then ride the trend.
Graph set up is a nice uptrend and momentum is building up, with a Inverse HnS forming
Exit Plan:
Noticeable there are 2 gap support , therefore my interpretation would be , they are strong support(which should not break), this is the kind of case I would exit at 5%, and 10% loss again
(Usually I exit at 7 - 10% loss)
Disclaimer: This is only a sharing of how I analyse & plan my trade.
I usually enter with 10% of my portfolio, then ride the trend.
Graph set up is a nice uptrend and momentum is building up, with a Inverse HnS forming
Exit Plan:
Noticeable there are 2 gap support , therefore my interpretation would be , they are strong support(which should not break), this is the kind of case I would exit at 5%, and 10% loss again
(Usually I exit at 7 - 10% loss)
Disclaimer: This is only a sharing of how I analyse & plan my trade.
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