GM long position. Market below Lin Reg and MACD on H4. Confirmation on H1 to take long position with 2 TP. Tp1 at $38 and 2nd at $44. SL at $32.39. Warning!!!! This content should not be interpreted as financial advice
Comment
GM fall below suggested SL and recovered quickly - drawing nice hammer candle on H1 and H4. Automated SL: closed the position with loss -2.75% Manual SL: allowed to move the SL right below the lower shadow of the hammer candle - level $31.95(strong confirmation for SL)
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