GE
TRADE PARAMETERS
Pick Date : 04/13/18
Entry : 13.00
Stop : 12.85
Target : 16.00
TRADE STRATEGY
Income Type : Swing
ENTRY
13.00 is a fresh 4H demand zone RbR speculating a daily trend reversal. Will be doing a set and forget limit order. One can enter in the zone at 13.04 just use risk management and position size accordingly with the suggested stop. Price will need to have a strong move into the zone.
STOP
12.85 is $0.15 right outside of the low for some protection.
TARGET
16.00 is 3.00 higher in a fresh daily supply zone with a 4H supply nested.