SPG Long
Trendline break + revisit
Price Crossed above EMA13 (Possible ABC Pattern)
EMA50/EMA100 as support zone
Entry 84
stop 77
Target 110
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Price Crossed above EMA13 (Possible ABC Pattern)
EMA50/EMA100 as support zone
Entry 84
stop 77
Target 110
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Trade active
Option trade:Buy Apr Call Spread C95/110 limit 2.6; Delta= 0.20, Theta = -0.01
No Stop in this option;
C95 Delta= 0.36
min probability 36% to win, max reward/risk 5:1;
Based on ABC pattern (Price Crossed above EMA13),
95 is 50% of SwingC, I have 80% chance to win 1:1 at 95.
Trade closed: target reached
Close 5.9, big 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.