FB: Short new low or retracement (OCO)

4 เม.ย. 2016

If we get a retracement tomorrow, we can go short FB at 113.84, with a tight stop at 116.06.
In case we gap down and don't retrace, entering on a break of the daily low is also a good idea.
Risk half on either position, we don't want to bet too heavily on this trend reversal yet.
Aim for 102.29 as target #2, target #1 is 107-105 zone.

Good luck,

Ivan Labrie.