As previous post, it will incline towards 80 or lower but will not touch 73 stop loss
$BABA-SW (09988.HK)$ as mentioned earlier, I hold for longer term as I am trading from weekly timeframe ,stop loss precision is based on daily timeframe for higher risk to reward.
so we need to wait daily timeframe to turn bullish then we will start to see 🌈 so don panic and just holding as weekly and monthly all are up direction unless they turn then we will need to exit if u trade along with me for a higher timeframe perspective.
entry remain 80.4 , sl 73 and tp open remained unchanged for your reference only.
will update once daily timeframe change bullish which I think will be soon as 80 range or lower a bit is a critical support level based on my strategy which is very accurate although not 100 percent as no one can be 100 percent win unless God that is why trading must have a stop loss(sl) in case the rare case ( lose) turns out which is inevitable but in the long term we sure profitable.
u can see all my previous post I didn change since my first post, as I am trading longer /higher timeframe , for me it is a sideway and waiting for lower daily timeframe to turn bullish.
investing can consider average cost at this critical support around 80 for your reference.
Happy always ! ![]()
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