I am closing my earlier trade 
with 0,08% (of total account) loss because price action on lower TM signalled that my analysis seems to be wrong.
Triangle is still worth a trade, so I reconsidered my count and opening trade in the opposite direction.
Position size: limited by the rule that holding of a single company should not exceed 5% of the total portfolio,
Risk on trade: 0,10% of the total account
Risk reward: 3.0
Exit strategy; close 100% at TP
Duration; 1 week. Daily monitoring.
Triangle is still worth a trade, so I reconsidered my count and opening trade in the opposite direction.
Position size: limited by the rule that holding of a single company should not exceed 5% of the total portfolio,
Risk on trade: 0,10% of the total account
Risk reward: 3.0
Exit strategy; close 100% at TP
Duration; 1 week. Daily monitoring.
Trade closed: target reached
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.