L-3 Communications last day candle closed in the shadow of the previous candle.
Put two pending orders. Then сonditionally divide each order into three parts.
BUY order
Entry price: 78.82
1st part
Take profit: after 5 completed trading days
Stop loss: 78.41
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: 78.41
No need to put the same Sell order
3rd part
Take profit: 80.07 (423.6 Fibo level)
Stop loss: 78.41
If Stop loss order fires then automatically put the same Sell order with Take profit at 77.16 (another 423.6 Fibo level)
SELL order
Entry price: 78.41
1st part
Take profit: after 5 completed trading days
Stop loss: 78.82
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: 78.82
No need to put the same Buy order
3rd part
Take profit: 77.16 (423.6 Fibo level)
Stop loss: 78.82
If Stop loss order fires then automatically put the same Buy order with Take profit at 80.07 (another 423.6 Fibo level)
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