How to trade Bayer shares in a falling market

  • Aug 10 2022
  • by
  • Analyst AZA
How to trade Bayer shares in a falling market

How to trade Bayer shares in a falling market

The downtrend in the stock market for Bayer shares continues. Previously, we made a trade recommendation for online trading of Bayer shares and it reached the take profit level. The fall of the price of a share has stopped near the support level now, and in case of its breakdown, the price will continue to fall. The chart shows candlestick patterns, which is a trading signal and a stock pattern cheat sheet for opening a short position.

Symbol: BAYER
Order Type: Pending Order - Sell Stop
Entry Price at 51.65
Take Profit at 51.00
Pips Earning: 65

The most liquid currency pairs:
EURUSD buy at the price of 1.0250
USDJPY sell at the price of 134.30
GBPUSD buy at the price of 1.2110
USDCHF sell at the price of 0.9480

The result of a trading recommendation.

The result of a trading recommendation for Bayer shares

 

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The profit can be $65.00 if the trading volume of 100 Shares.

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