Gap Down below EMA50 Trendline break Might be ABC pattern
Short 145 stop 150 Target 135
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 Mar Put Butterfly P125/135/145 limit 2.3; Delta= -0.09, Theta = 0.01 Stop 150;
P145 is ITM, Min 50% to win Max Reward:risk = 7.7:2.3
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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.