PEP Long, Uptrend consolidation
Condition:
1.Runaway Gap (G1) Shows 40% of this trend.
2.Uptrend Consolidation around EMA144.
3.Looks like wave#4
Projection:
Pending for Trend Line Break (TLB1)
Better see Breakaway Gap (G2)
Earning date: 7/13/2020 6:00 AM ET -- Earning will not affect this plan.
Entry: 132
Stop: 128;
Target1: 145; risk/reward=1:3
Target2: 168; risk/reward=1:9
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.Runaway Gap (G1) Shows 40% of this trend.
2.Uptrend Consolidation around EMA144.
3.Looks like wave#4
Projection:
Pending for Trend Line Break (TLB1)
Better see Breakaway Gap (G2)
Earning date: 7/13/2020 6:00 AM ET -- Earning will not affect this plan.
Entry: 132
Stop: 128;
Target1: 145; risk/reward=1:3
Target2: 168; risk/reward=1:9
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 OCT 140 Call limit 3.20; Option Stop 128;
Trade active
Sell OCT 145 next day 6/10, limit 2.20,Overall, hold C140/145; Risk 1 to win 4;
Trade closed manually
closed limit 1.7, small winner
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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.