Condition:
1. Uptrend consolidation, Touched EMA144 yesterday -- See related Script link.
2. Demand Zone matches Fib# 0.382,
3. But demand is not confirmed yet,
Projection:
Trendline break by Breakaway Gap (G1)
Earning date: 8/18/2020 7:00 AM ET -- Earning will not affect this plan.
Entry: 121
Stop: 119;
Target: 132; risk/reward=1:5
I am not a professional trader. I need few months to plan trade and trade plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
1. Uptrend consolidation, Touched EMA144 yesterday -- See related Script link.
2. Demand Zone matches Fib# 0.382,
3. But demand is not confirmed yet,
Projection:
Trendline break by Breakaway Gap (G1)
Earning date: 8/18/2020 7:00 AM ET -- Earning will not affect this plan.
Entry: 121
Stop: 119;
Target: 132; risk/reward=1:5
I am not a professional trader. I need few months to plan trade and trade plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
Trade active:
Buy Sep C125/135 limit 2.55;
Option Stop 128;
Option Stop 128;
Trade closed: target reached:
SellTo Open C130/140 Limit 3.95
For now, this is a small winner. If Price will stay above 133 and below 140, there are another $5 possible profit.
For now, this is a small winner. If Price will stay above 133 and below 140, there are another $5 possible profit.
Total win 3.15 in this trade.