IQ Long, double bottom
Condition:
1. Downtrend line was broken by breakaway Gap (G1). Start a new trend.
2. 10/4/2019 Weekly demand zone confirmed
3. double bottom
4. down Trend line break, and re-test
Better to see next breakaway Gap (G2);
Entry 17 or at next Gap up open
Stop: 14.5
Target1: 20; risk/reward=1:1
Target2: 23; risk/reward=1:2
This is a trading school homework. I need 6 months to practice trading 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.
This is not a good stock trading plan.
In my option trade, I bought Jun C20, limit 1.54; no Stop.
1. Downtrend line was broken by breakaway Gap (G1). Start a new trend.
2. 10/4/2019 Weekly demand zone confirmed
3. double bottom
4. down Trend line break, and re-test
Better to see next breakaway Gap (G2);
Entry 17 or at next Gap up open
Stop: 14.5
Target1: 20; risk/reward=1:1
Target2: 23; risk/reward=1:2
This is a trading school homework. I need 6 months to practice trading 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.
This is not a good stock trading plan.
In my option trade, I bought Jun C20, limit 1.54; no Stop.
Trade active
In my option trade, I bought Jun C20 , limit 1.54; no Stop.Trade closed manually
just make even + lunch
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.
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.