WOO - Swing Short (Hedge)

If you'd look at my profile you'd see me trying to short WOO couple of times (and also been long for a few months now). All of the shorts gave good reactions but the beast is not giving up, and there are quite valid reasons to believe that it can pull a massive move to the upside soon. Hence, this is only a hedge for me and I'll take my time to fill full position, especially going into the weekend.

Trade active:

Filled a market short as I posted the chart and added more on that 1 am (6 May) candle before the breakdown. Took 20% profit and moved stop loss above that 1 am candle.

Comment:

Down 17%.

Comment:

Closed 50% at 0.22824 and moved stop around 0.24s.

Comment:

Hit original TP1

Comment:

Expecting a pump to 0.245 - 0.265 then to reach lower targets.

Trade closed: target reached:

It took it's sweet time but the target has been reached for nearly 50% drop in 5 weeks.