LYFT Long, Demand Zone
Condition:
Structure level had been used as both support and resistance more than 5 times.
At demand zone
Entry: 32
Stop: 30;
Target: 44; risk/reward=1:6
I am not a Pro trader. I need few months to work on rule based trading strategies.
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.
Structure level had been used as both support and resistance more than 5 times.
At demand zone
Entry: 32
Stop: 30;
Target: 44; risk/reward=1:6
I am not a Pro trader. I need few months to work on rule based trading strategies.
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 OCT Call Butterfly C37.5/50/60. Limit 1.6No stop in this option trade;
I trade option in live. Try to keep max risk under $300 per trade, and avoid been stopped at the same price as stock traders.
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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.