Bearish Butterfly
or
Up sloping Bull Flag
Uptrend favors LONG
LONG
- price action has returned old Up trend into a regression line
-overall is in an uptrend
-all time highs
Short
- bear butterfly
-RSi divergence
Strategy
- options straddle/strangle
- protective put
or
Up sloping Bull Flag
Uptrend favors LONG
LONG
- price action has returned old Up trend into a regression line
-overall is in an uptrend
-all time highs
Short
- bear butterfly
-RSi divergence
Strategy
- options straddle/strangle
- protective put
Note
flags fly at fly masttarget $75
Note
breakout
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.
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.