Update from last Kuaishou post.
Hola guys! Just a little update on $KUAISHOU-W(01024)$
Since the last time I posted, price hasnt reallt moved. My idea has not been invalidated yet and im still bullish.
With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position if price breaks the horizontal swing high resistance at 89.05 to my take profit at the next horizontal swing high resistance at 99.60 in line with the 78.6% fibonacci projection. Altertively, price may break structure and head for my stop loss where the next horizontal swing low support and 38.2% fibonacci retracement.
Entry: 89.05[Smile]
Take profit: 99.60[Miser]
Stop loss: 79.75[Smug]
$Kuaisho 5xLongSG220808(DXDW.SI)$
$Kuaisho 5xShortSG220307(DJXW.SI)$
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- Brrrrrrrrrrr·2022-06-24I wanted to short this morning but the rule of placing order thats 30pips away from last traded prevented me from doing so. If i call Socgen, they take awhile to input a trade to move the priceLikeReport
- Brrrrrrrrrrr·2022-06-24Seeing that you inserted dlc here, hope you have considered how illiquid the counters are and SocGen isnt so prompt to move the last traded price to current price. That may cause delay in closingLikeReport
- DonnaMay·2022-06-25Thanks for sharing, your post is great.LikeReport
- S.B.D·2022-06-24👍LikeReport