Bearish Engulfing and Gap down.
Est. Fib# ext to 4.618 ( 920 ), retracement to 2.618 (690)
Short 855
Stop 980
Target 690, 500
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Est. Fib# ext to 4.618 ( 920 ), retracement to 2.618 (690)
Short 855
Stop 980
Target 690, 500
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active:
BuyToOpen June Put butterflay P720/680/640 ( Buy P720 and P640, sell P680 x2 )
Limit 2.65; P720 delta is -0.21
Limit 2.65; P720 delta is -0.21
