Wedge breakout, retest trendline
Demand Zone
Entry: 48
Stop: 47;
Target1: 52; reward:risk=4:1
Target2: 57; reward:risk=9:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Demand Zone
Entry: 48
Stop: 47;
Target1: 52; reward:risk=4:1
Target2: 57; reward:risk=9:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Trade active
Option trade: BuytoOpen Jan C50, limit 1.93; Plan for next step:
1. If down, Stop: 47.
2. If up, at 52, sell C 55 or C60 x2 to lock profit and reduce risk.
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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.