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BP p.l.c.
Short

BP daily bearish hammer

By MishaSuvorov
Updated
BP shows bearish hammer on daily, stop above local high, profit at MAs.
Comment
We are in
Trade active
Will take 30% profit at $30.09 and run the rest to $25.06
Trade active
Love pressure building, love gap'n'go that didn't go day before. Love inside bearish candle.
Trade active
30% take profit triggered. Look at this retest gap!!!
Trade active
Will take another 30% at $29.13 if we decide to retest the gap and the rest 40% at $25.35 at local low.
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Moved 40% Take Profit to $25.75 to the bottom of the retest gap.
Trade active
Moving stop loss to $31.54 above the beginning of wave 3 wave 3 downtrend.
Trade active
Moved 40% take profit to weekly resistance at $26.93
Trade closed: target reached
Stopped $29.13
BPCLCandlestick Analysishammercandlemoving_averageMoving Averages
MishaSuvorov
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