Closing out Woolworths long position

The target identified as per the Woolworths long trade setup a couple of weeks back was met today and we took profit on the trade.

The gross reward-risk achieved after financing and brokerage costs was just shy of 2-1 which was slightly below the planned ratio of between 2.0 and 2.5-1. This was mainly on the back of additional brokerage costs because we scaled into the trade in 2 tranches.

Apart from that small deviation, the trade entries and exits were all in line with plan.