Trading is all about risk mitigation right? if you are going to take a risk, take one that is worth it. This trade set up does not have all the necessary signals, ill be frank. What it does have is a super minimal risk set up with a really SOLID return set up.
Two trades here, one long term and one short. i would probably go with the longer term one because why pay attention to the stock every day. Keep an eye out!
If you make sure your trades will always give you 5/1 win/loss then you only have to be right 1 time every 5 trades. You'd have to be an idiot to mess that up -_-
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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.