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tipere445
Mar 1, 2018 6:21 PM

Hedge with a small call position to a potential right shoulder 

Dow Jones Industrial Average IndexTVC

Description

I think that it is worth taking a small Call position until the right shoulder (if there is) is formed.
Target 250

Trade closed: stop reached

No shoulder!

Trade active

Be careful, we all know that a Friday afternoon selloff is likely.

Comment


Looks like in consolidation range, still some upside before testing this H&S.

Trade closed: target reached

Better be cautious, therefore I close the trade.
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