Current in downtrend channel
Possible Reverse H&S.
WR > -80
OBV> OBV34
Entry 5.4
Stop 4.5
Target 15
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
I created some tradingview scripts to improve my trading entries:
OBV and OBV SMA comparison;
Williams %R two lines;
Possible Reverse H&S.
WR > -80
OBV> OBV34
Entry 5.4
Stop 4.5
Target 15
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
I created some tradingview scripts to improve my trading entries:
OBV and OBV SMA comparison;
Williams %R two lines;
Trade active
Buy Nov C7.5/15 Limit 0.75x4No stop in option ( 0.75 is same as stock stop)
Max RRR 9:1
Trade active
Buy 2022 Feb C7.5/12.5 0.4x5Disclaimer
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.