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.
Delta 0.48
No Stop in this OP trade;
Prepare to sell C4