We've got a great risk to reward trade with $F right here! It's sitting at the bottom of the channel, right ontop of a large volume shelf. We should gradually make our way up the channel over the coming days.
I grabbed some 12/17 20Cs for 0.53, with a stop slightly underneath in the event we drop to the downside.
I grabbed some 12/17 20Cs for 0.53, with a stop slightly underneath in the event we drop to the downside.
Trade closed: stop reached
Setup invalidated, channel didn't hold, nor did the volume shelf.Trade active
Re entered my position this morning once we got back into the channel.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.