ORCL Short Supply zone confirmed
Condition:
1. Supply zone Confirmed
2. Up trend line break (TLB)
Entry at 52.7
Stop: 53.7 (Above trend line and zone)
Target1: 49.7; risk/reward=1:3
Target2: 44.7; risk/reward=1:8
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.
1. Supply zone Confirmed
2. Up trend line break (TLB)
Entry at 52.7
Stop: 53.7 (Above trend line and zone)
Target1: 49.7; risk/reward=1:3
Target2: 44.7; risk/reward=1:8
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.
Trade active
In my option trade, I bought Jul P50, limit 3.1; Stop above 54.
Trade closed: stop reached
Stopped. Limit 2.6This is a loser.
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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.