Cardinal Health Inc last day candle closed in the shadow of the previous day candle.
Put six pending orders. Three BUY orders and three SELL orders.
BUY orders
Entry price: 44.31
1st order
Take profit: after 5 completed trading days
Stop loss: 43.70
If Stop loss order fires then automatically put the same Sell order with the same Take profit
2nd order
Take profit: 5 days trailing stop
Stop loss: 43.70
No need to put the same Sell order
3rd order
Take profit: 46.21 (423.6 Fibo level)
Stop loss: 43.70
If Stop loss order fires then automatically put the same Sell order with Take profit at 41.80 (another 423.6 Fibo level)
SELL orders
Entry price: 43.70
1st order
Take profit: after 5 completed trading days
Stop loss: 44.31
If Stop loss order fires then automatically put the same Buy order with the same Take profit
2nd order
Take profit: 5 days trailing stop
Stop loss: 44.31
No need to put the same Buy order
3rd order
Take profit: 41.80 (423.6 Fibo level)
Stop loss: 44.31
If Stop loss order fires then automatically put the same Buy order with Take profit at 46.21 (another 423.6 Fibo level)
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