BKR - Reversal Strategy Long Setup

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BKR - Reversal Strategy Long SetupBaker Hughes Company Class ABATS:BKRflukefluke_🍀Overview I am not a discretionary technical analyst, so I rely on predefined setups rather than subjective chart analysis. I built the rules into a strategy to make the decision-making process more systematic. The strategy has identified a qualifying setup, triggered an alert, and placed a long bracket order according to predefined rules. 🍀Process Ticker: BKR Date: 17/09/2026 Timeframe: Daily Direction: Long Strategy: Reversal Strategy Strategy Overview: Overview: A Reversal Strategy for Trading on the Daily Timeframe Strategy Chart: Please refer to the 2nd screenshot Signals Main signal: RSI Signals crossed above 30, indicating an exit from the oversold zone. This contributed a score of 0.5 Confirmation signal: NATR Oscillator reached 81.84, exceeding the required threshold of 80. This contributed a score of 0.5 Signal Scoring Main signal score = 0.5 Confirmation signal score = 0.5 Long setup score = Main signal score + Confirmation signal score = 0.5 + 0.5 = 1.0 Long score threshold: 1.0 The long setup score met the required threshold. The strategy therefore placed a long bracket order. Risk Management Reward-to-risk ratio: 4:1 Entry: 56.57 (the close of the setup candle) Stop distance: 7.83 (approximately 4x daily ATR) Target distance: 31.33 (approximately 16x daily ATR) Order Management: Bracket order Limit entry: 56.57 Market stop: 48.74 Limit target: 87.90 Baseline Assume the worst has already happened: the stop loss has been reached. 🍀Outcome Trade Execution 17/09/2026: The daily candle closed, triggering the strategy to place a long bracket order. 18/09/2026: Price reached the trigger level, and the long entry filled. Trade Status Trading: active P.S. I’m currently applying this strategy to the Nasdaq-100. Let me know which stock you’d like me to look at next. Stay lucky!🍀