Condition:
1. Two breakaway Gaps (G1, G2) in one week. They show very strong strength.
2. Two down trendline break (TLB1, TLB2)
Entry at today Gap up open before 128
Stop: 125 (below Gap G2)
Target1: 140; risk/reward=1:4
Target2: 148; risk/reward=1:6
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. Two breakaway Gaps (G1, G2) in one week. They show very strong strength.
2. Two down trendline break (TLB1, TLB2)
Entry at today Gap up open before 128
Stop: 125 (below Gap G2)
Target1: 140; risk/reward=1:4
Target2: 148; risk/reward=1:6
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 C145/155, limit 2.00; Stop below 125.
Trade closed: target reached
this is a winner
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.
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.