Short $HANA: entry 0.01243, stop loss 0.01289, tp 0.01151 (1:2)
HANA had a 15% drop spread over about 4 days, so there was a clear leg to work with. The wick through 0.01244 cleared the buy stops over it, then a candle body closed back under it. I don't enter on the wick, I wait for that close. Taking it from 0.01243 with the stop at 0.01289. If the fresh low at 0.01151 gets tagged, it's a clean 2R.
Not financial advice.
HANA had a 15% drop spread over about 4 days, so there was a clear leg to work with. The wick through 0.01244 cleared the buy stops over it, then a candle body closed back under it. I don't enter on the wick, I wait for that close. Taking it from 0.01243 with the stop at 0.01289. If the fresh low at 0.01151 gets tagged, it's a clean 2R.
Not financial advice.
