Weekly Chart
Double bottom near breakout
Downtrend wedge near breakout
SMA20/40 as support
OBV>OBV40
Entry 1.8
Stop 1.5
Target 4
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.
Double bottom near breakout
Downtrend wedge near breakout
SMA20/40 as support
OBV>OBV40
Entry 1.8
Stop 1.5
Target 4
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.
Note
BuyToOpen (BTO) Dec C2 limit 0.2Delta 0.48
No Stop in this OP trade;
Prepare to sell C4
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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.