Baker Hughes Inc last day candle closed in the shadow of the previous day candle.
Put two pending orders: one a little above the last candle's maximum and another - a little below last candle's minimum. Then сonditionally divide each order into three parts.
BUY order
Entry price: 46.20
1st part
Take profit: after 5 completed trading days
Stop loss: 45.39
If Stop loss order fires then automatically put the same Sell order with the same Take profit
2nd part
Take profit: 5 days trailing stop
Stop loss: 45.39
No need to put the same Sell order
3rd part
Take profit: 48.75 (423.6 Fibo level)
Stop loss: 45.39
If Stop loss order fires then automatically put the same Sell order with Take profit at 42.84 (another 423.6 Fibo level)
SELL order
Entry price: 45.39
1st part
Take profit: after 5 completed trading days
Stop loss: 46.20
If Stop loss order fires then automatically put the same Buy order with the same Take profit
2nd part
Take profit: 5 days trailing stop
Stop loss: 46.20
No need to put the same Buy order
3rd part
Take profit: 42.84 (423.6 Fibo level)
Stop loss: 46.20
If Stop loss order fires then automatically put the same Buy order with Take profit at 48.75 (another 423.6 Fibo level)
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