Newfield Exploration (NFX) punch signal

Newfield Exploration 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: 29.75

1st order

Take profit: after 5 completed trading days
Stop loss: 29.23
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: 29.23
No need to put the same Sell order

3rd order

Take profit: 31.36 (423.6 Fibo level)
Stop loss: 29.23
If Stop loss order fires then automatically put the same Sell order with Take profit at 27.62 (another 423.6 Fibo level)

SELL orders

Entry price: 29.23

1st order

Take profit: after 5 completed trading days
Stop loss: 29.75
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: 29.75
No need to put the same Buy order

3rd order

Take profit: 27.62 (423.6 Fibo level)
Stop loss: 29.75
If Stop loss order fires then automatically put the same Buy order with Take profit at 31.36 (another 423.6 Fibo level)